Decision Making Process And Information MCQs

Option A: relevant

Option B: bunk

Option C: dispose value

Option D: sunk

Correct Answer: relevant ✔

Option A: outsourcing

Option B: insourcing

Option C: idle sourcing

Option D: sunk sourcing

Correct Answer: outsourcing ✔

Option A: parallel revenues

Option B: abnormal revenues

Option C: expected future revenues

Option D: serial revenues

Correct Answer: expected future revenues ✔

Option A: sunk costs

Option B: bunked costs

Option C: unrecorded costs

Option D: recorded costs

Correct Answer: sunk costs ✔

Option A: incremental cost

Option B: differential cost

Option C: dependent cost

Option D: independent cost

Correct Answer: incremental cost ✔

Option A: multi-collinearity information

Option B: quantitative information

Option C: qualitative analysis

Option D: obtaining information

Correct Answer: obtaining information ✔

Option A: qualitative factors

Option B: quantitative factors

Option C: expected factors

Option D: recorded factors

Correct Answer: quantitative factors ✔

Option A: irrelevant

Option B: depreciated cost

Option C: salvages

Option D: relevant

Correct Answer: relevant ✔

Option A: incremental decisions

Option B: outsource decisions

Option C: product mix decisions

Option D: in-source decisions

Correct Answer: product mix decisions ✔

Option A: quantitative analysis

Option B: decision method

Option C: qualitative method

Option D: linearity method

Correct Answer: decision method ✔

Option A: employee morale

Option B: cost of materials

Option C: cost of workers

Option D: cost of marketing

Correct Answer: employee morale ✔

Option A: dependent cost

Option B: independent cost

Option C: incremental cost

Option D: differential cost

Correct Answer: differential cost ✔

Option A: qualitative factors

Option B: quantitative factors

Option C: expected factors

Option D: recorded factors

Correct Answer: quantitative factors ✔

Option A: employee behavior at workplace

Option B: employee satisfaction

Option C: employee morale

Option D: cost of materials

Correct Answer: cost of materials ✔

Option A: demand or supply decisions

Option B: make or buy decisions

Option C: relevant or irrelevant decision

Option D: idle or busy decisions

Correct Answer: make or buy decisions ✔

Option A: linear predictions

Option B: dependent predictions

Option C: making predictions

Option D: independent predictions

Correct Answer: making predictions ✔

Option A: unrecorded costs

Option B: recorded costs

Option C: sunk costs

Option D: bunked costs

Correct Answer: sunk costs ✔

Option A: offshore cost

Option B: outsource cost

Option C: in-source cost

Option D: opportunity cost

Correct Answer: opportunity cost ✔

Option A: sunk factors

Option B: quantitative factors

Option C: qualitative factors

Option D: both B and C

Correct Answer: both B and C ✔

Option A: identify the problem

Option B: identify the linear variable

Option C: identify the certainty

Option D: identify the multiplier

Correct Answer: identify the problem ✔

Option A: expected cost

Option B: expected revenues

Option C: irrelevant costs

Option D: relevant costs

Correct Answer: relevant costs ✔

Option A: differential in-sourcing

Option B: off-shoring

Option C: incremental outsourcing

Option D: differential outsourcing

Correct Answer: off-shoring ✔

Option A: past costs

Option B: future costs

Option C: expected costs

Option D: sunk costs

Correct Answer: past costs ✔

Option A: net income irrelevancy

Option B: operating income maximization

Option C: operating income minimization

Option D: operating income relevancy

Correct Answer: operating income maximization ✔

Option A: value costs

Option B: future function costs

Option C: business function costs

Option D: sunk function costs

Correct Answer: business function costs ✔

Option A: idle sourcing

Option B: sunk sourcing

Option C: outsourcing

Option D: in-sourcing

Correct Answer: in-sourcing ✔

Option A: expected factors

Option B: recorded factors

Option C: qualitative factors

Option D: quantitative factors

Correct Answer: qualitative factors ✔

Option A: linear correlation

Option B: making decisions

Option C: implement decisions

Option D: evaluate performance

Correct Answer: making decisions ✔

Option A: salvages

Option B: relevant

Option C: irrelevant

Option D: depreciated cost

Correct Answer: relevant ✔

Option A: in-source cost

Option B: opportunity cost

Option C: offshore cost

Option D: outsource cost

Correct Answer: opportunity cost ✔

Option A: expected future costs

Option B: serial costs

Option C: parallel costs

Option D: abnormal costs

Correct Answer: expected future costs ✔

Option A: independent revenue

Option B: incremental revenue

Option C: differential revenue

Option D: dependent revenue

Correct Answer: differential revenue ✔

Option A: have high correlation

Option B: be in future

Option C: be in past

Option D: be zero correlated

Correct Answer: be in future ✔

Option A: quality of suppliers

Option B: dependability of suppliers

Option C: production irrelevancy

Option D: both a and b

Correct Answer: both a and b ✔

Option A: operating cost

Option B: sunk cost

Option C: in-house cost

Option D: out-house cost

Correct Answer: sunk cost ✔