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.
For information to be relevant, it must possess three characteristics. It must (1) be associated with the decision under consideration, (2) be important to the decision maker, and (3) have a connection to or bearing on some future endeavor. Relevant Cost and Its Association with Decision.