Decision Analysis Is a ________ Technique

question 3

Multiple Choice

Decision analysis is a ________ technique.

• A) linear mathematical programming
• B) probabilistic
• C) network
• D) non-linear programming technique

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Definitions:

Error

A mistake in recording financial data, which can be due to miscalculation, oversight, or misunderstanding of accounting principles.

Ledger

A book or other collection of financial accounts of a particular type or for a specific purpose in accounting.

Journal

A formal record where all financial transactions of a business are initially recorded, date-wise, before being posted to the general ledger.

Trial Balance

A statement that lists all the balances of the general ledger accounts of a business at a particular time to check the correctness of double-entry bookkeeping.