Question: What are quantitative and qualitative decision making factors? Which is objective and which is subjective? Is it possible that while there is an overall favorable

What are quantitative and qualitative decision making factors?

Which is objective and which is subjective?

Is it possible that while there is an overall favorable variance between the standard cost to produce one complete unit of product and the actual cost to produce it, there may be some unfavorable variances in the price or quantity of the materials, labor, and/or overhead used to produce that same unit of product? What is Capital Budgeting? TVM (Time Value of Money)?

What 3 methods are used in evaluating/comparing Capital Budget proposals?

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Quantitative decisionmaking factors involve numerical data and measurable metrics such as financial ratios costs revenues and market share Qualitative ... View full answer

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