ACG Module 16
Seminole State College
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Exam (elaborations)
ACG - Module 16: Relevant Costs and Benefits for Decision Making. Questions and Answers. Rationales Provided.
ACG - Module 16: Relevant Costs and Benefits for Decision Making. Questions and Answers. Rationales Provided. 
 
Module 16: Relevant Costs and Benefits for Decision Making 
True/False 
Topic: Relevant Costs 
LO: 1 
1. Relevant costs are future costs that differ between competing decision alternatives. 
Answer: True 
Rationale: Definition 
Topic: Outlay Costs 
LO: 1 
2. Outlay costs are costs that have been incurred in the past, such as the purchase of a new piece of 
equipment for an outlay cost...