Which of the Following Is NOT an Example of a Decision-Making

question 160

Multiple Choice

Which of the following is NOT an example of a decision-making context when using quality cost information?

• A)strategic pricing
• B)flexible budget analysis
• C)cost-volume-profit analysis
• D)none of the above

---

Definitions:

Need

A requirement essential for an organism's survival or well-being, as well as a strong desire for something.

Want

A desire for something that is not necessarily needed but is desired for personal satisfaction or fulfillment.

Drive Theory

A psychological theory suggesting that motivation is driven by an organism's need to fulfill physiological needs in order to maintain homeostasis.

Gratification

The pleasure, satisfaction, or relief felt when a need, desire, or expectation is fulfilled.