ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Believing that your decisions will not change outcome; whatever is meant to be will usually happen anyway.
A
Impulsive
B
Authority
C
Fatalistic
D
Rational
Explanation: 

Detailed explanation-1: -Fatalistic decider: One who leaves the resolution of the decision up to the environment or fate: “Whatever will be will be.” Compliant decider: One who goes along with someone else’s plan rather than making an independent decision.

Detailed explanation-2: -In short, fatalism is the theory that there is some destiny that we cannot avoid, although we are able to take different paths up to this destiny. Determinism, however, is the theory that the entire path of our life is decided by earlier events and actions.

Detailed explanation-3: -In contemporary philosophy, arguments for “fatalism” are arguments for the conclusion that no human actions are free. Such arguments typically come in two varieties: logical and theological.

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