A. Management's Decision-Making Process. 1. The steps are: a. b. c. d. 2. Accounting's contribution to the decision-making process occurs primarily in what steps? B. Incremental Analysis. 1. 2. 3. Incremental analysis sometimes involves changes that might seem contrary to your intuition. For example, sometimes: a. b. Accept an order at a special price. 4. a. b. c. a. 5. Make or buy. In a make or buy decision, the relevant costs are: (1) (2) (3) 6. Sell or process further. a. b. c. d. e. f. 7. Repair, retain or replace equipment. In a decision to retain or replace equipment, management compares a. b. The relevant items to be considered are: (1) (2) c. 8. Any value of the existing asset must also be considered. d. The of the old asset does not affect the decision, this is a sunk cost, which is a cost that future decision. Eliminate an unprofitable segment or product. In deciding whether to eliminate an unprofitable segment or product, the relevant information is b. In deciding on the future status of an unprofitable segment, management should consider: a. 1. 2 9. What is role of qualitative issues