TF MA CH 11
Authored by Kurikulum 6
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University
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56 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A decision model is an informal method for making a choice, using simpler methods like surveying.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Feedback from previous decisions uses historical information and, therefore, is irrelevant for making future predictions.
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Past costs themselves are always irrelevant when making decisions.
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Equal weight must be given to qualitative factors and quantitative nonfinancial factors while making decisions.
TRUE
FALSE
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The rent paid for an already existing facility is an example of a sunk cost.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A cost may be relevant for one decision, but NOT relevant for a different decision.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Revenues that remain the same for two alternatives being examined are relevant revenues.
TRUE
FALSE
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