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Factors affect Decision Making
These decisions need consideration of factors as like
A. The level of market possible to be available in future
B. The strategy that competitors are likely to implement
C. The cost of capital or target rate of return
D. The timing of cash flows in relation to the decision
E. An estimation of changing price levels
F. The degree of uncertainty estimated in relation to data utilized in the evaluation of the condition.
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Identify and explain many classification of costs for planning, control, performance evaluation and decision making.
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