Which of the Following Is an Operational Decision

question 105

Multiple Choice

Which of the following is an operational decision?

• A) Determining next year's IT budget
• B) Should we extend credit to a customer?
• C) What are our production goals for the next three months?
• D) Which invoices should be paid today?
• E) Should our firm acquire a competing firm?

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Definitions:

Post-employment Benefits

Benefits, other than termination benefits, that are payable after completion of employment, typically after the employee retires; includes pensions, other retirement benefits, post-employment life insurance, and post-employment medical care.

Key Management Personnel

Individuals who have the authority and responsibility for planning, directing, and controlling the activities of an entity, typically at a senior level.

Joint Control

A situation in an arrangement where more than one party has control together, requiring unanimous consent for decision-making.

Economic Entity

An organization or unit in the economy that is capable of conducting economic activities, such as businesses or households.