Triad Children's Center $($TCC$),$ a non$-$profit organization, uses relevant cost analysis to determine whether new services are desirable. TCC is looking at adding a new educational program for grade

school children who are having difficulty with their reading and math skills. The following relevant costs are expected if the program is accepted:

TCC estimates that a maximum of $40$ children will participate in this program in the first year. If TCC decides to implement this program, funding will be received from the City Chamber of

Commerce $($$$50,000)$ and a local Private University Endowment Fund $($$$35,000).$

In deciding between alternative choices for a given situation $($such as the above new$-$program evaluation$),$ TCC may employ a five$-$step decision process. Which of the following is not a

recommended step in this decision$-$making process?

Multiple Choice

Evaluate performance.

Review the completed financial audit report.

Select and implement the best course of action.

Specify the criteria and identify the alternative actions.

Perform relevant and strategic cost analysis.