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:

Actual Delivery

The physical transfer of a security or commodity from seller to buyer, which finalizes the transaction process.

Result

The outcome or conclusion of a process, experiment, or event, often used to assess performance or effectiveness.

Percentage

A portion or share expressed as a fraction of 100.

Hedge

An investment strategy used to offset potential losses or gains that may be incurred by a companion investment.