Under some circumstances a sunk cost may be a relevant cost


Which of the following statements is false?

a. Under some circumstances, a sunk cost may be a relevant cost

b. Future costs that do not differ between alternatives are irrelevant

c. The same cost may be relevant or irrelevant depending on the decision context

d. Variable costs are relevant costs, and fixed costs can be relevant cost

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Financial Accounting: Under some circumstances a sunk cost may be a relevant cost
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