快速查题-ACCA英国注册会计师试题

 Suggest one other course of action that AB might follow, explaining what you consider to be its merits and demerits when compared with your answer at (a) above. 

 A company can choose from four mutually exclusive investment projects. The return on the project will depend on market conditions. 

The table below details the returns for each possible outcome:  

                                            A                       B                        C                       D 

Poor                           $400,000        $700,000           $450,000         $360,000 

Average                     $470,000         $550,000           $500,000         $400,000 

Good                          $600,000        $300,000            $800,000         $550,000 

If the company applies the maximin rule it will invest in: 

A supplier will supply company B in batches of 100 units, but daily demand is unpredictable. Company B has prepared a payoff table to reflect the expected profits if different quantities are purchased and in differing market demand conditions.   

​​​​​​​ If the maximax criteria is applied, how many units would be purchased from the supplier? 

 This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking.  Shuffles is attempting to decide which size of fork-lift truck to buy to use in its warehouses. There are three grades of truck, the A series, B series and the C series. The uncertainty faced is the expected growth in the on-line market it serves, which could grow at 15%, 30% or even 40% in the next period.   Shuffles has correctly produced the following decision table and has calculated the average daily contribution gained from each combination of truck and growth assumption.   

Which truck would the pessimistic buyer purchase? Enter only the letter: 

 This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking. Shuffles is attempting to decide which size of fork-lift truck to buy to use in its warehouses.  There are three grades of truck, the A series, B series and the C series. The uncertainty faced is the expected growth in the on-line market it serves, which could grow at 15%, 30% or even 40% in the next period.   Shuffles has correctly produced the following decision table and has calculated the average daily contribution gained from each combination of truck and growth assumption.   

​​​​​​​Which truck would the optimistic buyer purchase? Enter only the letter: 

This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking. Shuffles is attempting to decide which size of fork-lift truck to buy to use in its warehouses.  There are three grades of truck, the A series, B series and the C series. The uncertainty faced is the expected growth in the on-line market it serves, which could grow at 15%, 30% or even 40% in the next period. Shuffles has correctly produced the following decision table and has calculated the average daily contribution gained from each combination of truck and growth assumption.   

Based upon the scenario information, if the buyer was prone to regretting decisions that have been made which truck would the buyer purchase?  Enter only the letter: 

 This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking. Shuffles is attempting to decide which size of fork-lift truck to buy to use in its warehouses.  There are three grades of truck, the A series, B series and the C series. The uncertainty faced is the expected growth in the on-line market it serves, which could grow at 15%, 30% or even 40% in the next period.   Shuffles has correctly produced the following decision table and has calculated the average daily contribution gained from each combination of truck and growth assumption.   

Based upon the scenario information, if the probabilities of the given growth rates are 15%: 0.4, 30%: 0.25 and 40%: 0.35, which truck would the risk-neutral buyer purchase? 

A manager has to choose between mutually exclusive options C and D and the probable outcomes of each option are as follows. 

Both options will produce an income of $30,000. Which should be chosen, on the basis of the expected value decision rule? 

Fill in the blanks. 

(a) Maximin decision rule: choosing the alternative that …………….….... the ……...….……………..

(b) Minimax decision rule: choosing the alternative that ……………….… the …….….…………….... 

(c) Maximax decision rule: choosing the alternative that …….…………… the………...……………... 

(d) Minimin decision rule: choosing the alternative that ……….………….. the…......…………………