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.
1. Definition of discretionary costs. Discretionary costs are expenses that are important for the business but are subject to management s judgment (discretion). Discretionary costs are essentially voluntary cost s incurred by an entity to meet customer expectations or create goodwill.iscretionary costs are opposite to committed costs i.e., expenses that an entity must incur to operate. Usually discretionary costs represent funding for a specific activity (or project) for a specified period of time.