- relevant cost
- A *cost that has a bearing on a decision-making process or that is affected by a decision-making process. See also *avoidable cost, *controllable cost, and *discretionary cost.
Auditor's dictionary. 2014.
Auditor's dictionary. 2014.
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relevant cost — An expected future cost that varies with alternative courses of action. Decision making involves choosing between such alternatives and to make the best choice a manager needs to identify the future cash flows for each decision. Costs that have… … Big dictionary of business and management
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cost tracing — The process of assigning direct costs to the relevant cost objects Compare cost allocation … Big dictionary of business and management
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