COST ACCOUNTING
INFORMATION FOR DECISION MAKING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Consider logical connections between ideas
|
|
|
Consider every possible option
|
|
|
Delay making a decision
|
|
|
Identify relevance
|
Detailed explanation-1: -B. Option B is the correct answer because believing that a particular stance on the topic is wrong does not involve any critical thinking skills.
Detailed explanation-2: -Hence, we conclude that changing the desired outcome is NOT one of the steps involved in the decision-making process.
Detailed explanation-3: -Monitoring an exam is not an example of critical thinking abilities.
Detailed explanation-4: -Answer: Rationality and partiality/biasness are not included in the process of decision-making.
Detailed explanation-5: -Critical thinking is the practice of methodically gathering, analyzing, and evaluating information. It is one of the most vital parts of the problem-solving and decision-making process, as it is the act of clearly thinking through options that will lead to a final choice.