ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Combination of surroundings, conditions or influences
A
impulse
B
environment
C
spacial reference
D
values
Explanation: 

Detailed explanation-1: -the aggregate of surrounding things, conditions, or influences; surroundings; milieu milieu. Ecology. the air, water, minerals, organisms, and all other external factors surrounding and affecting a given organism at any time. the social and cultural forces that shape the life of a person or a population.

Detailed explanation-2: -Try to clearly define the nature of the decision you must make. This first step is very important. Collect some pertinent information before you make your decision: what information is needed, the best sources of information, and how to get it.

Detailed explanation-3: -Environments are also referred to as? Contexts.

Detailed explanation-4: -Hence, we conclude that changing the desired outcome is NOT one of the steps involved in the decision-making process.

There is 1 question to complete.