Writing Essays. by Eleanor Wakefield. There are several vital elements to any successful college essay. This handout. will define those elements and show you how to put them together using an. outline. Following this format will help you keep your thoughts organized and. get your essay underway.
A relevant cost (also called avoidable cost or differential cost) is a cost that differs between alternatives being considered. In order for a cost to be a relevant cost it must be: 1  Future. 2  Cash Flow.  Incremental.
irrelevant cost. A cost incurred by a company which is unaffected by management's decisions. Such costs can be either positive or negative and may even turn out to be a relevant cost in certain situations. For example, if a company bought an off-the-shelf software program but it did not work as intended and cannot be returned, the cost incurred (sunk cost) becomes irrelevant regardless of management's decision.