Programmed Decisions Are Routine Decisions That Deal with Factors That

question 45

True/False

Programmed decisions are routine decisions that deal with factors that are familiar and have occurred in the past.

Understand the structure and utility of business unit profit and loss statements for organizational performance evaluation.

Evaluate key financial and non-financial performance measures for various centers (cost, profit, investment, and revenue centers).

Understand the principles and applications of transfer pricing, including cost-plus and market-price policies.

Identify and evaluate the factors influencing the setting of transfer prices.

---

Definitions:

Performance

The act or process of carrying out an action, task, or function, often evaluated in terms of effectiveness, efficiency, or achievement of objectives.

Independently

Independently means acting on one's own without influence, support, or control from others, often implying self-sufficiency or autonomy.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

Passive Behavior

A pattern of avoiding direct communication, conflict, or confrontation, often characterized by compliance, avoidance of responsibility, and failing to express one’s own needs or preferences.