In the context of human compromises in decision making, which of the following statements is true of bounded rationality?
A. It occurs when a decision maker relies on his or her intuition and gut instincts while analyzing alternatives instead of collecting impartial data.
B. It occurs when a decision maker assumes that everyone around sees things the way he or she does.
C. It occurs when a decision maker tends to select an alternative that he or she has tried before and that has delivered acceptable results.
D. It occurs when a decision maker settles for an alternative that he or she considers good enough because other limitations make finding the best alternative impossible.
Answer: D
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Proposals addressed to potential customers and investors
A) are nearly always formal. B) rarely include a copy of the RFP. C) are less formal than those addressed to internal audiences. D) should never include visuals. E) should always be single-spaced.
A T account for Cash cannot contain any credits
a. True b. False Indicate whether the statement is true or false
Why is nonverbal feedback sometimes more powerful than spoken or written feedback?
A. It is often subject to interpretation. B. It considers distortion. C. It is the most assertive form of feedback. D. It prohibits negative feedback.
Identify whether the following tests are substantive analytical procedures, tests of details of transactions, or tests of details of account balances.1) Trace a sample of payroll checks to the master employee list to verify occurrence.2) Recalculate the mathematical accuracy of a sample of payroll checks.3) Test a sample of bank reconciliations for the payroll bank account.4) Estimate sales commissions by applying commission formulas to recorded sales totals.5) Compare amounts accrued to supporting documentation, such as payroll tax returns.6) Compare payroll costs as a percentage of sales to industry data.
What will be an ideal response?