The relevance of a particular cost to a decision is determined by the: (CMA adapted)

A. number of decision variables.
B. amount of the cost.
C. potential effect on the decision.
D. riskiness of the decision.


Answer: C

Business

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Which of the following statements best defines a surety?

A. A person who is not liable for the payment of a principal's debts B. A person who is not entitled to be reimbursed by the principal C. A person who makes a separate promise to be liable for the payment of a principal's debts D. A person who is liable for the performance of another person's duty

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Which of the following is not a true contract and has been imposed by law in order to prevent one party benefiting unfairly at another's expense?

A) A voidable contract B) An informal contract C) A quasicontract D)A unilateral contract

Business

Data flows can be highly inconsistent, with periodic peaks, making data loads hard to manage. What is this feature of Big Data called?

A) volatility B) periodicity C) inconsistency D) variability

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An ad agency's traffic department

A. negotiates long-term media deals. B. maintains the agency's position as a facilitating intermediary. C. coordinates all phases of ad production. D. makes sure there is no unplanned replication of the advertising effort. E. develops the client's channel of distribution.

Business