A Situation When Decision Quality Is Bad and the Resulting

question 25

Multiple Choice

A situation when decision quality is bad and the resulting outcome quality is good is referred to as

• A) dumb luck.
• B) deserved success.
• C) bad luck.
• D) poetic justice.

---

Definitions:

Gain on Sale of Investments

The profit realized from selling investments for more than the purchase price.

Investments-Evans Company Bonds

Specific long-term investments made in the bonds issued by Evans Company.

Treasury Bonds

Long-term government securities issued with a fixed interest rate and maturity of generally more than 10 years.

Brokerage Commission

The charge imposed by a broker for conducting trades or offering specific services.