When is it profitable to continue processing a eBookCheck my workCheck My Work button is now enabled1Item 1Required information Required information Skip to question [The following information applies to the questions displayed below.] We discuss the five-step decision-making process. These steps are: identify the decision problem, determine the decision alternatives, evaluate the costs and benefits of the alternatives, make the final decision, and review the results of the decision. We also discuss how managerial accounting information plays an important role in the third step, where we evaluate the costs and benefits of the alternatives. Knowledge Check 01 Select the correct order of the following steps in the decision-making process.product instead of selling it as is? Multiple choice question. It is always profitable. It is never profitable. It is profitable when the incremental revenue exceeds the incremental manufacturing cost. It is profitable when the incremental processing cost exceeds the incremental revenue