COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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procedure for the payment of bonuses
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a selection of freight routes for product deliveries
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a selection of a new manager from candidates using job interview
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develop a new product or service
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Detailed explanation-1: -What Is A Non-Programmed Decision? Contrary to programmed decision-making, non-programmed decisions are ill-structured and one-time decisions. Problems or situations that don’t have a concrete set of rules or guidelines to follow rely on non-programmed decision-making. These are complex and have a long-term impact.
Detailed explanation-2: -Programmed decisions are those that are based on criteria that are well understood, while nonprogrammed decisions are novel and lack clear guidelines for reaching a solution. Managers can establish rules and guidelines for programmed decisions based on known fact, which enables them to reach decisions quickly.
Detailed explanation-3: -Examples of non programmed decisions include deciding whether to acquire another organization, deciding which global markets offer the most potential, or deciding whether to sell off an unprofitable vision. Such decisions are unique and non-recurring.