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hi, john sir,
I cannot find the knowledge about the relevant costing in your lecture, is this still be examined now? would you please expain the method to caculate or distinguish the relevant costs for me?Relevant costing used to be examined as a separate topic, but now is just examined in the context of getting the relevant cash flows for an investment appraisal (discounting cash flow) question.
There is no lecture on this because it is not such an important topic. You will have to use your Study Text if you want more detail.
All we are after is the extra future cash flows that come from doing the investment in the project.
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