ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Decisions that recur infrequently and have no decision rules are ____ decisions
A
certain
B
risk
C
programmed
D
nonprogrammed
Explanation: 

Detailed explanation-1: -Programmed decisions help ensure that tasks are performed smoothly and consistently. Nonprogrammed decisions are decisions that occur infrequently enough in an organization that standardized rules cannot be used to make them.

Detailed explanation-2: -What Is A Non-Programmed Decision? Contrary to programmed decision-making, non-programmed decisions are ill-structured and one-time decisions. Problems or situations that don’t have a concrete set of rules or guidelines to follow rely on non-programmed decision-making. These are complex and have a long-term impact.

Detailed explanation-3: -nonprogrammed decision A decision that recurs infrequently and for which there is no previously established decision rule.

Detailed explanation-4: -Non-programmed decisions are made one time and are unstructured. An example of non-programmed decision-making can be acquiring another organization. Re-ordering an inventory or reprimanding employees in case violating specific work rules can be an example of a programmed decision.

Detailed explanation-5: -Programmed decisions are concerned with relatively routine problems. They are structured and repetitive. Decisions that are Non-programmed are concerned with unique decisions and unusual problems that are non-repetitive decisions and ill-defined.

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