CIMA-P1 Web TestEngine demo

Exit VCEDump CIMA-P1 P1 - Management Accounting
Question 39 of 42
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Q39 Drag & drop

DRAG DROP

A company is choosing between three projects, Project P, Project Q and Project R using minimax regret as the criterion for the decision. The outcome from each project is dependent on future economic growth. If this is strong, returns will be P $5,000, Q $6,500 and R $7,200. If it is weak, returns will be P $3,500, Q
$4,800 and R $4,200.

Place the correct figures into the table to show the maximum regret for each project.

Drag each option into the matching blank slot.

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