Which of the statements below is FALSE?
A)We can separate short-term and long-term decisions into three dimensions: the length of impact,the cost,and the degree of information gathering prior to the decision.
B)The longer the impact and the higher the cost associated with a decision,the greater the time and degree for gathering information on choices and the more complex the decision model.
C)Long-term decisions are called capital budgeting decisions and are typically viewed as decisions that have long-term impacts that are not easily reversed or that can be changed only at great cost.
D)An example of a short-term decision is determining the number of manufacturing facilities that the firm should operate.

Question

Quizplus · Accepted Answer

Determining the number of manufacturing facilities is not a short-term decision, but a long-term decision as it has long-term impacts that are not easily reversed or changed at low cost.

Which of the Statements Below Is FALSE