Answer:
a.setting of capital stock prices is the correct answer.
Explanation:
Managerial Decision: Any type of decision about the progress of a firm. These decisions involve establishing a target for growth, hiring or dismissing workers, and selecting what goods to market.
Some of the types of managerial decisions are :
- Individual and Group Decisions.
- Programmed and Nonprogrammed Decisions.
- Routine and Basic Decisions.
- Major and Minor Decisions.
Steps involved in the managerial decision-making process
- To Establish an Objective
- Identifying the Solutions for the identified problem
- gathering and analysis of the important data.
- Implementing the Conclusion.
Answer: Contingency design
Explanation:
Contingencies refer to as costs, and are the amounts that are held in order to deal with unforeseen situations. A contingency design is usually devised by governments oand firms as a way to avoid loss and achieve organizational goals.
Raheem offering to take care of the customer that has the best value simply means that Raheem doesn't want anything to affect the success of the goal he's trying to achieve. This is a contingency design.
Answer:
The proper answer is explained below.
Explanation:
To begin with, the statiscal hypothesis testing is considered to be a method of statistical inference in where the purpose is on the basis of observed data modeled as the realised values taken by a collection of random variables. This method is used by the companies in order to facilitate the decision making process so that the managers have more quality info closer to the hand when it comes to making a hard and important decision.
So to complete the process of testing hypotheses and comparing the results so that the forecasting is better then the managers will have to use this method and other ones and also to use programs and special systems so that the proper contrasting will take place according with the situation and all.
Answer:
B. the amount of manufacturing overhead cost applied to Work in Process is less than the actual manufacturing overhead cost incurred.
Explanation:
As we know that manufacturing overhead is an indirect expense in which all the indirect cost are recorded
In the case of the underapplied manufacturing overhead, the cost of manfacturing overhead cost that applied to Work in process is lesser than the actual cost spent
Therefore in the given case, the option B is correct