GABUNGAN TF UJIAN 3 MA

A decision model is an informal method for making a choice, using simpler methods like surveying.

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• FALSE

Feedback from previous decisions uses historical information and, therefore, is irrelevant for making future predictions.

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• FALSE

Past costs themselves are always irrelevant when making decisions.

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• FALSE

Equal weight must be given to qualitative factors and quantitative nonfinancial factors while making decisions.

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• FALSE

The rent paid for an already existing facility is an example of a sunk cost.

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• FALSE

A cost may be relevant for one decision, but NOT relevant for a different decision.

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• FALSE

Revenues that remain the same for two alternatives being examined are relevant revenues.

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• FALSE

Sunk costs are irrelevant to decision making.

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• FALSE

Marketing costs will be an irrelevant cost in the decision making of a one-time-only special order.

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• FALSE

A sunk cost is a relevant cost in a decision making.

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• FALSE