Which of the Following Is Not Recognized as a Constraint

question 53

Multiple Choice

Which of the following is not recognized as a constraint and trade-off during nonprogrammed decision making?

• A) Personal constraints
• B) Environmental constraints
• C) Bounded rationality
• D) Organizational constraints

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Definitions:

Selling Expense

Costs incurred directly from the sale of products or services, excluding production costs.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Maker

In financial terms, the party that issues or creates an instrument, such as a check or promissory note, effectively promising to pay the amount specified.

Credit Sales

refers to sales in which the buyer is permitted to pay at a later date, commonly used in business to business transactions.