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Decision Making Process and Information MCQ Questions and Answers PDF Download eBook - 1

Practice Decision Making Process and Information Multiple Choice Questions and Answers PDF, decision making process and information MCQs with answers PDF worksheets, cost accounting test 1 for online college programs. Learn concept of relevance MCQs, "Decision Making Process and Information" quiz questions and answers for admission and merit scholarships test. Learn concept of relevance, make versus buy decisions, decision making process, insourcing versus outsourcing career test for business management degree online.

"The kind of costs that has been occurred in past are also known as" Multiple Choice Questions (MCQ) on decision making process and information with choices recorded costs, unrecorded costs, sunk costs, and bunked costs for online business and management degree. Practice concept of relevance quiz questions for jobs' assessment test and online courses for online business management classes. Concept of Relevance Video

MCQs on Decision Making Process & Information Quiz PDF Download eBook

MCQ: The kind of costs that has been occurred in past are also known as

  1. unrecorded costs
  2. recorded costs
  3. sunk costs
  4. bunked costs


MCQ: The factor, which is largely considered in making or buying decisions is

  1. quality of suppliers
  2. dependability of suppliers
  3. production irrelevancy
  4. both a and b


MCQ: The third step in decision making process is

  1. linear predictions
  2. dependent predictions
  3. making predictions
  4. independent predictions


MCQ: As compared to irrelevant cost, the occurrence of relevant costs must

  1. have high correlation
  2. be in future
  3. be in past
  4. be zero correlated


MCQ: The decisions made by team of individuals or single person, whether to outsource the products or in-source are classified as

  1. demand or supply decisions
  2. make or buy decisions
  3. relevant or irrelevant decision
  4. idle or busy decisions