COST ACCOUNTING
INFORMATION FOR DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How can a person determine that a decision was a good one?
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The decision met the person’s goals.
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The person is making more money.
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Family members think that it was a good decision.
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The person is now using all of his/her skills.
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Explanation:
Detailed explanation-1: -did the decision help me meet my goal?
Detailed explanation-2: -How can a person determine that a decision was a good one? The decision met the person’s goals.
Detailed explanation-3: -When evaluating decisions on a day-to-day basis, there are always characteristics to consider before taking action. Some characteristics of a good decision are positive impact, inclusion, and executability.
There is 1 question to complete.