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CIMAPRA17-BA2-1 Exam - Topic 3 Question 111 Discussion

Relevant costs for decision making are.
B) Future costs which will be affected by the decision
A) Past costs incurred
C) Variable costs only
D) Unavoidable costs

CIMAPRA17-BA2-1 Exam - Topic 3 Question 111 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam
Question #: 111
Topic #: 3
[All CIMAPRA17-BA2-1 Questions]

Relevant costs for decision making are.

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Suggested Answer: B

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I’m a bit confused about variable costs; I thought they were relevant, but does that mean C is correct? I need to double-check that.
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Solange
5 days ago
I practiced a similar question where we had to identify costs that impact future decisions, and I think B was the right choice there too.
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Lavonna
10 days ago
I remember something about past costs not being relevant, but I’m not sure if that means A is definitely wrong.
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Audry
15 days ago
I think relevant costs are mostly about future costs that will change based on our decisions, so I’m leaning towards option B.
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