15. Under which decision-making condition is the decision maker unaware of all the alternatives and the...
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15. Under which decision-making condition is the decision maker unaware of all the alternatives and the risks and consequences associated with each alternative? a. Probability b. Risk c. Certainty d. Rationality e. Uncertainty 16. When the manager understands the available options but the probabilities associated with each option are uncertain, the manager is experiencing a. decision making under risk. 19. b. satisficing. c. bounded rationality. d. decision making under certainty. e. decision making under uncertainty. 17. Decisions that are routine and deal with situations in which the factors are familiar and have occurred in the past are called decisions. a. nonprogrammed b. satisficing c. rational d. programmed e. noninnovative 18. A(n). a. interacting b. Delphi c. nominal d. unilateral e. task group is the most common form of a decision-making group. is the act of choosing one alternative from many. a. Decision making b. Problem solving c. Risk assessment d. Programmed decision making e. Certainty evaluation 15. Under which decision-making condition is the decision maker unaware of all the alternatives and the risks and consequences associated with each alternative? a. Probability b. Risk c. Certainty d. Rationality e. Uncertainty 16. When the manager understands the available options but the probabilities associated with each option are uncertain, the manager is experiencing a. decision making under risk. 19. b. satisficing. c. bounded rationality. d. decision making under certainty. e. decision making under uncertainty. 17. Decisions that are routine and deal with situations in which the factors are familiar and have occurred in the past are called decisions. a. nonprogrammed b. satisficing c. rational d. programmed e. noninnovative 18. A(n). a. interacting b. Delphi c. nominal d. unilateral e. task group is the most common form of a decision-making group. is the act of choosing one alternative from many. a. Decision making b. Problem solving c. Risk assessment d. Programmed decision making e. Certainty evaluation
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Managerial Accounting Tools for business decision making
ISBN: 978-1118096895
6th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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