Four Types of Choice Criteria Are Used When Evaluating Alternatives

question 100

Multiple Choice

Four types of choice criteria are used when evaluating alternatives: technical, economic, social and _______.

• A)cultural
• B)personal
• C)group
• D)market

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Definitions:

Adjusted Cash Balance

The cash amount shown in a company's bank statement, adjusted for deposits in transit, outstanding checks, and bank errors.

Check Register

A personal record book or a digital log used to track checks written, deposits made, and current balance of a checking account.

Bank Statement

A document or electronic file provided by a bank summarizing transactions in an account over a certain period.

Outstanding Deposit

Refers to funds that have been deposited in a bank account but have not yet been credited or made available for use.