| 14-1 | Describe seven steps in the decision-making process and the managerial accountant’s role in that process. |
| 14-2 | Explain the relationship between quantitative and qualitative analyses in decision making. |
| 14-3 | List and explain two criteria that must be satisfied by relevant information. |
| 14-4 | Identify relevant costs and benefits, giving proper treatment to sunk costs, opportunity costs, and unit costs. |
| 14-5 | Prepare analyses of various special decisions, properly identifying the relevant costs and benefits. |
| 14-6 | Analyze manufacturing decisions involving joint products and limited resources. |
| 14-7 | Explain the impact of an advanced manufacturing environment and activity-based costing on a relevant-cost analysis. |
| 14-8 | Formulate a linear program to solve a product-mix problem with multiple constraints (appendix). |
