Explore BrainMass
Share

Explore BrainMass

    American Cancer Society relevant and non relevant costs

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Based on the information provided in the financial statement, how can I identify a decision that has recently been made or will be made in the near future in your organization or three relevant and three non-relevant costs in this decision?
    Is this information found in the financial statements?
    If you cannot identify specific actual amounts, make a reasonable estimate and apply the tool as if the data were factual.
    What are the results and are there any implications?

    © BrainMass Inc. brainmass.com October 10, 2019, 1:46 am ad1c9bdddf
    https://brainmass.com/business/annuity/american-cancer-society-relevant-and-non-relevant-costs-348531

    Attachments

    Solution Preview

    First let's define relevant costs:

    Relevant costs are decision specific, meaning that a relevant cost may be important in one situation but irrelevant in another. Examples of when management uses relevant costs can be seen when it is determining whether to sell ...

    Solution Summary

    Based on the information provided in the financial statement, how can I identify a decision that has recently been made or will be made in the near future in your organization or three relevant and three non-relevant costs in this decision?
    Is this information found in the financial statements?
    If you cannot identify specific actual amounts, make a reasonable estimate and apply the tool as if the data were factual.
    What are the results and are there any implications?

    $2.19