How would a decision be made in the decision-making framework if two or more options have both relevant revenues and relevant expenses for each option?
A) Compare only the relevant expenses of each option.
B) Compare only the relevant revenues of each option.
C) Determine the net effect of each option (revenue less expenses) and then compare them.
D) Priority is given to the larger difference in the comparison (either expenses or revenues) to determine which option is most beneficial.

Question

Quizplus · Accepted Answer

If two or more options have both relevant revenues and relevant expenses for each option in the decision-making framework, then a decision would be made based on the net effect of each option (revenue less expenses) and then compared to determine which option is most beneficial.

How Would a Decision Be Made in the Decision-Making Framework