Which of the Following Is NOT One of the Commonly

question 40

Multiple Choice

Which of the following is NOT one of the commonly used names for the body of knowledge involving quantitative approaches to decision making?

• A)management science
• B)business analytics
• C)operations research
• D)efficiency studies

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Definitions:

Disbursements

The act of paying out or disbursing money, often related to the operational expenses of a business.

Interest Rate

The percent of principal charged by the lender for the use of its money or the return earned on an investment.

Net Float

The difference between checks written against a bank account and those that have been cleared, affecting the account's available balance.

Cheques

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a named party.