It is now time to take a personal decision you are faced to make and perform an
Question:
It is now time to take a personal decision you are faced to make and perform an analysis of that decision. To assist you, follow the below model to prepare the write-up of your decision and ultimately arrive at one: Introduction – Provide a background as to the decision you made in your life. Outline the different alternatives and the elements which make up those alternatives (cost, benefit, enjoyment, etc.). You must select a minimum of two alternatives and a maximum of four alternatives. Opportunity Cost – With each alternative you outline in your introduction, discuss the opportunity costs which come along with making those decisions. For instance, if you have alternatives A and B, discuss the opportunity costs of selecting A over B, and then discuss the opportunity costs of selecting B over A. Remember to always assign a dollar value to the level of enjoyment or other non-monetary elements of your decision-making. Cost-Benefit Analysis –
Prepare a cost-benefit analysis clearing showing in real dollars the results of this analysis for each alternative.
Fraud Examination
ISBN: 978-1305079144
5th edition
Authors: W. Steve Albrecht, Chad O. Albrecht, Conan C. Albrecht, Mark F. Zimbelman