Select the correct statement regarding relevant costs and revenues.
a) To be relevant, a cost or revenue must be future-oriented and must differ between the alternatives.
b) Sunk costs are relevant for decision-making purposes.
c) Differential revenues are expected future revenues that do not vary between the alternatives under consideration.
d) Avoidable costs are also known as sunk costs.

Which is part of the sales process? a. customer retention b. billing c. cost planning d. customer relations

Diversity is an obstacle all marketers face: true false

Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains.the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available.two-thirds of the work related to $15,000 of cash received in advance was performed this period.the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired.wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.