The Relevance of a Particular Cost to a Decision Is

question 42

Multiple Choice

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

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

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Definitions:

Reliable

The extent to which a measure, test, or instrument yields consistent and stable results across different occasions.

Valid

Pertaining to something that is sound, well-founded, or legally binding.

Personality Researchers

Specialists who study the characteristics and behaviors that make individuals unique.

Distribution Of Scores

The spread of a set of values or outcomes, often depicted graphically, indicating how frequently various scores occur.