Which of the Following Are the Two Most Important Keys

question 62

Multiple Choice

Which of the following are the two most important keys to short-term business decision-making?

• A) Focus on costs which do not change under two alternatives and on historic costs
• B) Focus on qualitative data only and ignore future cash flows
• C) Focus on sunk costs and quantitative data only
• D) Focus on future expected data and use the contribution margin approach

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Definitions:

Behavioral Choices

Refers to the decisions and actions taken by an individual, which are influenced by factors like upbringing, environment, and personal beliefs.

Malnutrition

A health condition resulting from inadequate consumption of nutrients, leading to various health issues like stunted growth and weakened immunity.

Undernutrition

A condition resulting from insufficient intake of nutrients, leading to health issues like stunted growth, weakness, and impaired immunity.

Male Climacteric

The period of physical and psychological change relating to the male reproductive system that occurs during late middle age.