Kenneth Is Using a Multi-Attribute Model to Make a Decision

question 76

Multiple Choice

Kenneth is using a multi-attribute model to make a decision on which college to attend. Scholarly reputation, friendliness of students, and the adequacy of the college placement division are the most important areas that Kenneth is using to measure his list of colleges. Which of the following elements is Kenneth primarily using in his multi-attribute model to make his decision?

• A) attributes
• B) beliefs
• C) importance weights
• D) goals

---

Definitions:

Perpetual Inventory System

An inventory management system where records are updated on a continuous basis as inventory items are purchased and sold.

Transactions

Financial events that affect the assets, liabilities, and equity of a company.

Multiple-Step Income Statement

An income statement that separates operational revenues and expenses from non-operational ones to calculate net income.

Single-Step Income Statement

A simplified income statement that summarizes revenues and expenses in a single step, without categorizing them.