A Tabular Presentation That Shows the Outcome for Each Decision

question 25

Multiple Choice

A tabular presentation that shows the outcome for each decision alternative under the various possible states of nature is called a(n)

• A) isoquant table
• B) payback period matrix
• C) payoff table
• D) feasible region
• E) decision tree

---

Definitions:

Budgeting

The process of creating a plan to spend your money over a specified period, outlining projected income and expenses.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specified period, helping manage cash flow and liquidity.

Capital Expenditures Budget

A budget that outlines planned investments in long-term assets and projects, emphasizing spending on acquiring or upgrading physical assets.

Assurance of Future Profits

A form of guarantee or promise that endeavors to ensure or secure profit generation in future business activities.