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IMANET Exam CMA Topic 2 Question 33 Discussion

Actual exam question for IMANET's CMA exam
Question #: 33
Topic #: 2
[All CMA Questions]

The relevance of a particular cost to a decision is determined by?

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Suggested Answer: D

Relevance is the capacity of information to make a difference in a decision by helping users of that information to predict the outcomes of events or to confirm or correct prior expectations. Thus, relevant costs are those expected future costs that vary with the action taken. All other costs are constant and therefore h no effect on the decision.


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