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Decision Making Process MCQs Questions Answers | Decision Process Notes PDF | Class 11–12 Ch 14 MCQs | Accounting e-Book & App

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0:00 Introduction
0:32 The low level managers in organizations are to make decisions about
0:54 The second step in decision making process
1:15 The costs that behaves as irrelevant costs in process of decision making are classified as
1:37 An amount of additional cost incurred for any particular activity is classified as
1:58 In today's global world, an outsourcing of products or Services from lower cost countries is classified as
2:19 The costs that are unavoidable and remain unchanged no matter what done are classified as
2:40 When an essential information for calculation of income statement is missing, then the costs that can be considered for this purpose is called
3:02 In relevance concepts, the relevant revenues are also termed as
3:23 The first step in decision making process is to
3:44 Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as
4:06 In broader categories, the outcomes of decisions are classified as
4:48 An investment of money in idle inventory, in place of investing the same amount of money somewhere else is an example
5:10 The book value of existing equipment is a historical cost and not necessary for deciding equipment replacement, thus it can be considered as