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Question 9 The five steps of strategic decision-making include all of the following except: Based on strategy and analysis, choose and implement the desired alternative.

Question 9

The five steps of strategic decision-making include all of the following except:

Based on strategy and analysis, choose and implement the desired alternative.

Identify the alternative actions.

Determine the strategic issues surrounding the problem.

Select the proper cost management technique.

Provide an ongoing evaluation of the effectiveness of the decision.

Which of the following is a contemporary management technique used by the management accountant to identify and monitor the costs of a product throughout all steps from product design to the finished product?

Enterprise risk management.

Target costing.

Life cycle costing.

Enterprise sustainability.

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