ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is NOT a step in the decision making process?
A
Seeking help every time
B
Gathering information
C
Defining the problem
D
Taking action
Explanation: 

Detailed explanation-1: -Hence, we conclude that changing the desired outcome is NOT one of the steps involved in the decision-making process.

Detailed explanation-2: -Risky is not a type of personal decision-making style.

Detailed explanation-3: -The first step in the decision making process is Identifying a problem which means examine the problem more closely and understand the cause of a problem. Was this answer helpful?

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