When Solving a Problem, It Is Fine to Use an Impact

question 17

True/False

When solving a problem, it is fine to use an impact analysis alone to make a final decision between alternatives.

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Definitions:

NSF Cheque

A cheque that has been returned by a bank as unpaid because the account on which it was drawn did not have sufficient funds, often incur fees.

Bank Service Charges

Fees charged by banks for the use of their services, such as account maintenance fees, transaction fees, and overdraft charges.

Outstanding Cheques

Checks that have been written and recorded by a company but have not yet been cleared or deducted from the bank account balance.