COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Managers need to make decisions at the right
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place
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office
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time
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none of the above
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Explanation:
Detailed explanation-1: -Timing of the decision is important since it allows decision maker to visualize various elements needed for the decision and helps the decision making more coordinated with critical key points considered while making the decision.
Detailed explanation-2: -A manager plans, organizes, staffs, leads, and controls her team by executing decisions. The effectiveness and quality of those decisions determine how successful a manager will be. Managers are constantly called upon to make decisions in order to solve problems.
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