Decisions That Have Been Made Many Times in the Past

question 15

Multiple Choice

Decisions that have been made many times in the past and for which managers have rules and guidelines about how to make similar decisions in the future are known as ________________ decisions.

• A) nonprogrammed
• B) heuristic
• C) programmed
• D) intuitive
• E) creative

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Definitions:

Pre-Move House Hunting

Expenses incurred while searching for a new residence before relocating, which can sometimes be deductible for tax purposes.

Moving Expense

Costs associated with relocating for a job or business, which were deductible under certain conditions pre-2018 Tax Cuts and Jobs Act.

High Deductible Health Plan

A health insurance plan with lower premiums and higher deductibles than traditional health plans.

HSA

A Health Savings Account (HSA) is a tax-advantaged savings account designed for individuals with high-deductible health plans to save for medical expenses.