Mathematics · Financial Mathematics
Consider the following statements regarding the concept of relevant cash flows in decision making: 1. Materials can never have an opportunity cost whereas labour can. 2. An annual depreciation charge is not a relevant cash flow. 3. Fixed costs would have a relevant cash flow element if a decision causes a change in their total expenditure. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11, 2 and 3
- 22 and 3 only✓
- 31 and 3 only
- 41 and 2 only
Correct answer
2 and 3 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Financial Mathematics MCQs →Want more practice questions on Financial Mathematics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Financial Mathematics