In Selecting an Alternative When Making a Decision,what Should Decision

question 53

Multiple Choice

In selecting an alternative when making a decision,what should decision makers keep in mind?

• A) Finding multiple acceptable alternatives is neither possible nor efficient.
• B) Finding multiple acceptable alternatives should not take very long.
• C) Selecting one alternative and rejecting all others will be the decision maker's main objective.
• D) Selecting one alternative and rejecting all others might not be necessary.
• E) Selecting one alternative and rejecting all others should be a straightforward process.

---

Definitions:

Commercial Banks

Commercial banks are financial institutions that accept deposits, offer checking account services, and make loans to individuals and businesses.

Reserve Requirements

Regulations set by central banks determining the minimum amount of reserves that must be held by a commercial bank.

Checkable Deposit Liabilities

These are bank account deposits that are immediately available to make payments and transfers, typically seen in checking accounts.

Excess Reserves

Funds that banks hold over and above the required minimum reserves set by the central bank, available for lending or investment.