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Relevant Costs |
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Relevant Costs In managerial accounting, costs relating to decisions executives are able to make. For example, employee salaries may be a relevant cost because executives (usually) decide how much to pay their employees and can raise or lower them according to need and efficiency. Some costs may be irrelevant under some circumstances but relevant under others. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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