Intuitive Decision Making Occurs Due to All of the Following

question 45

Multiple Choice

Intuitive decision making occurs due to all of the following except:

• A) High levels of uncertainty
• B) Having no history or past experience to draw upon
• C) A lack of time pressure
• D) An excessive number of alternatives

---

Definitions:

Direct Materials

The raw materials that can be directly attributed to the production of a product.

Manufacturing Overhead

All production costs other than direct materials and direct labor, including expenses such as maintenance, utilities, and depreciation on manufacturing facilities.

Capital Expenditure Budget

A budget for planning and controlling spending on long-term assets, including buildings, equipment, and technology, intended for future operations.

Long-Term Assets

Assets that are expected to provide economic benefits over a period longer than one year, such as buildings and equipment.