ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The final step in the problem-solving process is to
A
analyze the solutions
B
evaluate the decision
C
identify the problem
D
select the best solution
Explanation: 

Detailed explanation-1: -The correct answer is evaluating the decision’s effectiveness.

Detailed explanation-2: -Step 6: Evaluate the outcome Evaluate how effective the solution was. Decide whether the existing plan needs to be revised, or whether a new plan is needed to better address the problem.

Detailed explanation-3: -6. Take action. The final step is executing your decision. Create a plan that sets you and your business up to succeed.

Detailed explanation-4: -Explanation: The answer is a. Design a solution because after you solve the problem in the previous step, your last step to complete solving the problem is to design a solution to your problem. Hope this helps!

There is 1 question to complete.