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What is a relevant cost? Explain why depreciation on an existing asset is always irrelevant.

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What is a relevant cost? Explain why depreciation on an existing asset is always irrelevant.

Answered Same Day Dec 22, 2021

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David answered on Dec 22 2021
121 Votes
What is a relevant cost? Explain why depreciation on an existing asset is always
i
elevant.
A relevant cost is a cost that is related to specific management decision and that
doesn’t remain constant .This cost will change in the future as a result of that decision. It
is the past or sunk...
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