Effective Decision-Making (CPE Course)

CPE Credit: 2 hours

Course Type: Downloaded PDF materials with online test

Price (with PDF Textbook): $25

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Course Description
The ability to make high-quality decisions defines the great manager. How are some people able to consistently make the right calls while others fail to do so? In Effective Decision-Making, we delve into the decision-making process flow, with a particular emphasis on sorting through the various alternatives to find the optimal outcome. Other topics covered include decision-making efficiency and consistency.

Author: Steven Bragg

Course number: PD0012

Learning Objectives:

  • Identify how sunk costs impact decision-making.

  • Specify the techniques used to explore decision options.

  • Identify how to prevent decisions from being re-opened.

  • Recall how to get people to support a decision.

  • Identify the circumstances under which the quality of data is most critical to a decision.

  • Recall the signs of groupthink.

  • Specify the role of the devil’s advocate in decision-making.

  • Specify when a delay can improve decision-making.

  • Specify the methods to improve decision-making under time pressure.

  • Recognize the situations in which real options can be applied to decision-making.

Level: Overview

Instructional Method: QAS Self-Study

NASBA Category: Personal Development

Prerequisites: None

Advance Preparation: None

Latest Review Date: November 2023

Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.

Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.

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AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.