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Which of the Following Statements Is True Regarding the Application

Question 4

Multiple Choice

Which of the following statements is true regarding the application of the decision-making framework?


A) Since qualitative factors are difficult to measure in financial terms, they should not be considered in the decision-making framework.
B) Only quantitative factors should be considered in the decision-making framework since they can be measured accurately.
C) All qualitative and quantitative information that a company has should be used to evaluate a decision.
D) Relevant qualitative and quantitative information should be gathered and evaluated when applying the decision-making framework.

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