Question

The term 'relevant' in a business activity means ____________________.

• A. Pertinent to decision at hand
• B. Difference in cost between alternatives
• C. Both (A) and (B)
• D. None of the above

Answer 1

The correct option is A Pertinent to decision at hand

In day to day business activities, the term 'relevant' indicates at the applicability of a certain decision that are taken in an organisation.

These relates to how efficient and effective the decisions are in an organisation and how well does it relates to the matter of the problems for which it is taken.