Why Is It That Historical Costs Are Irrelevant As To Making Short-term Non-routine Decisions


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Why is it that historical costs are irrelevant as to making short-term non-routine decisions?Which do you think is more important as a factor when evaluating between two alternatives, the quantitative or the qualitative factor? Explain.

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Criteria Ratings This criterion is linked to a Learning Outcome Main Point Ideas, focus, understanding Exemplary The student demonstrates in-depth understanding of important ideas. Accomplished The student includes some of the important ideas related to the topic. Satisfactory The student demonstrates some knowledge and understanding of the topic. Developing The student has little knowledge or understanding of the topic. No Marks The student either left the answer blank or wrote about a different topic. This criterion is linked to a Learning Outcome Organization & Format Sentence structure, word choice, paragraphs, transitions Sophisticated Effectively organizes ideas to build a logical, coherent argument. Effective and creative use of elements of style to enhance meaning. Precise Organizes ideas to build an argument. Appropriate use of elements of style. Acceptable Some organization of ideas to build an argument. Some use of elements of style. Unclear Little or no organization of ideas to build an argument. Little or no use of elements of style. No Marks The student either left the answer blank or wrote about a different topic. This criterion is linked to a Learning Outcome Mechanics Grammar usage, spelling, punctuation, capitalization Distinguished Uses correct grammar, spelling, punctuation throughout with very few errors. Proficient Uses correct grammar, spelling, and punctuation with few errors. Apprentice Contains frequent errors in grammar, spelling, and punctuation. Novice Many errors in grammar, spelling, and punctuation, makes reader’s comprehension difficult. No Marks The student either left the answer blank or wrote about a different topic.

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