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Place the Following Steps from the Five-Step Decision Process in Order

Question 18

Multiple Choice
Place the following steps from the five-step decision process in order:
A = Obtain information including historical costs
B = Evaluate performance to provide feedback
C = Make decisions choosing among alternatives
D = Make predictions about the future
E = Identify the problem and uncertainties
A) A, E, D, B, C
B) E, A, D, B, C
C) E, A, D, C, B
D) D, C, B, A, E

Place the following steps from the five-step decision process in order:
A = Obtain information including historical costs
B = Evaluate performance to provide feedback
C = Make decisions choosing among alternatives
D = Make predictions about the future
E = Identify the problem and uncertainties


A) A, E, D, B, C
B) E, A, D, B, C
C) E, A, D, C, B
D) D, C, B, A, E

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