11. Which of the following is not a step in the managerial decision-making proce
ID: 2487261 • Letter: 1
Question
11.
Which of the following is not a step in the managerial decision-making process?
A.Identify the decision problem
B.Calculate the payback period
C.Determine the decision alternatives
D.Evaluate the costs and benefits of the alternatives
12.The total time to recover an original investment is the
A.net present value.
B.internal rate of return.
C.accounting rate of return.
D.payback period.
13Costs that change across decision alternatives are
A.accounting costs.
B.activity-based costs.
C.differential costs.
D.capital costs.
14.The foregone benefit of choosing one alternative over another is measured by
A.opportunity costs.
B.activity-based costs.
C.differential costs.
D.capital costs.
15.Which of the following is not a step in the managerial decision-making process?
A.Identify the activity cost drivers.
B.Review the results of the decision-making process.
C.Determine the alternatives.
D.Evaluate the costs and benefits of the alternatives.
Explanation / Answer
Que 11 - B. Calculate the payback period
Que 12 - D. payback period.
Que 13 - C. differential costs.
Que 14 - A. opportunity costs
Que 15 - B. Review the results of the decision-making process.
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