Need help with ACC 350 Cost Accounting

Accounting
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Using the Five Step Decision Making Process presented in Chapter 1, examine a recent decision you made (e.g., go to college, take a new job, buy a house, or buy a phone). Identify each step of your decision by the criteria of this process.

1. Identify the problem and uncertainties

2. Obtain information

3. Make predictions about the future

4. Make a decision by choosing among alternatives

5. Implement the decision

Jan 8th, 2016

Thank you for the opportunity to help you with your question!

i made  a decision to buy a house.

1.the problem i was afraid of is encountering fraudsters.

2.i decided to obtain information of the companies that deal with selling houses from trusted friends and relatives.

3.i predicted that in future i will need a place of my own to call home ,raise kids and have a place to retire.

4.i made the the decision of buying  a house rather than a car sonce it is a better option.

5.i took my saving and bought the house as a way of implementing my decision.

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jan 8th, 2016

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