Decision Making Process Multiple Choice Questions (MCQ) PDF Download

MCQ 1: The third step in decision making process is

1. linear predictions
2. dependent predictions
3. making predictions
4. independent predictions

MCQ 2: The decision making step, which consists of organization goals, predicting alternatives and communicating goals is called

1. organization
2. alternation
3. planning
4. valuing

MCQ 3: The fourth step in decision making process is

1. linear correlation
2. making decisions
3. implement decisions
4. evaluate performance

MCQ 4: The costs that behaves as irrelevant costs in process of decision making are classified as

1. past costs
2. future costs
3. expected costs
4. sunk costs

MCQ 5: The type of accounting which measures, reports and analysis of the non-financial and financial information to help in decision making is called

1. financial accounting
2. management accounting
3. cost accounting
4. decision accounting