ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Fundamental beliefs that are worthwhile and important to you
A
opportunity cost
B
wants
C
needs
D
values
Explanation: 

Detailed explanation-1: -Integrity, kindness, honesty, and financial security are typical examples of personal core values. Others often see these values as your character traits. For example, someone is known for always doing the right thing likely values integrity.

Detailed explanation-2: -Core values are the fundamental beliefs of a person or organization. These guiding principles dictate behavior and can help people understand the difference between right and wrong. Core values also help companies to determine if they are on the right path and fulfilling their goals by creating an unwavering guide.

Detailed explanation-3: -Examples of Values: loyalty, fairness, courage, compassion, respect, etc. Examples of Beliefs: lying is bad, God created the world, cheating is immoral, etc.

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