Match the Following: -Programmed Decision

question 94

Multiple Choice

Match the following:
-Programmed decision

• A)A simple, routine matter for which a manager has an established decision rule
• B)Logical, systematic problem solving
• C)A solution that is timely and acceptable
• D)A new, complex decision that requires a creative solution
• E)To select the first alternative that is "good enough," because the costs in time and effort are too great to
• optimize

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Definitions:

Manufacturing Overhead

This includes all the indirect costs involved in manufacturing a product, such as utilities, depreciation, and salaries of supervisors.

Budgeted Costs

Estimated expenses for future periods, used for planning and controlling financial resources.

Idle Plant Assets

Fixed assets that are not currently in use for production, operations, or providing services, often due to reduced demand or operational changes.

Operating Assets

Assets that are used in the day-to-day operations of a business to generate revenue, excluding investment and non-operational assets.