Identifying Relevant and Irrelevant Costs
Contracting with other firms to obtain necessary goods and services-a process called outsourcing-emerged as a key management strategy during the nineties. Managers hope to benefit …
Posts tagged Relevant Costs
Relevant Costs for Operating Decisions
Operating decisions imply an understanding of costs. Among cost distinctions, “relevant costs” is broadly used for operating decision. Relevant costs are the future, incremental cash …