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Which of the following statements are true about differential cost?

A. Differential cost is also known as relevant cost

B. Differential costs are estimated future costs

C. Differential costs include only those costs which change as a result of the decision making being considered

D. All of the above

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above