Question: 1. The decision-making framework for businesses considers only quantitative factors. only qualitative factors. both quantitative and qualitative factors. neither quantitative nor qualitative factors but focuses

1. The decision-making framework for businesses considers

  • only quantitative factors.
  • only qualitative factors.
  • both quantitative and qualitative factors.
  • neither quantitative nor qualitative factors but focuses only on differential factors.

2. In the decision-making process, relevant costs

  • are sunk costs.
  • are always unavoidable.
  • are treated the same as past costs.
  • occur in the future.

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