Which Types of Poor Decisions Are More Visible to a Decision

question 30

Multiple Choice

Which types of poor decisions are more visible to a decision maker's supervisor?

• A)agreeing to undertake a project
• B)deciding not to undertake a project
• C)deciding to investigate a proposed project until one is certain
• D)deciding to randomly choose whether to undertake the project

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Definitions:

Equity

The value of an ownership interest in property, including shareholders' equity in a company, represented by the assets minus liabilities.

Revenues

The total amount of money generated by the sale of goods, services, or other income for a company before any expenses are deducted.

Equity

The value of an asset after deducting the amount of all liabilities on that asset, representing an owner's interest in a company.

Expenses

Costs incurred by a business in the process of earning revenue, including costs such as rent, utilities, and salaries.