QUESTION 38 Last month, Jeff applied to three colleges (X, Y, and Z). Before applying he and his family had visited the all three colleges. Jeff has received admissions from Colleges X and Y. He is trying to decide which college he will attend. The following information is available:                                            College X                College Y (1) Cost of attendance       $30,000                     $21,000 (2) Program quality          Excellent                   Average (3) Campus visit cost            $900                         $300 (4) Location                        big city                      big city (5) Scholarship                   $10,000                     $10,000  Select the items that are relevant to Jeff's decision.   A. (2), (4) only   B. (1), (2), (3) only   C. (1), (2) only   D. (1), (3), (5) only   E. (1), (3) only

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 38

  1. Last month, Jeff applied to three colleges (X, Y, and Z). Before applying he and his family had visited the all three colleges. Jeff has received admissions from Colleges X and Y. He is trying to decide which college he will attend. The following information is available: 

                                              College X                College Y

    (1) Cost of attendance       $30,000                     $21,000

    (2) Program quality          Excellent                   Average

    (3) Campus visit cost            $900                         $300

    (4) Location                        big city                      big city

    (5) Scholarship                   $10,000                     $10,000

     Select the items that are relevant to Jeff's decision.

      A.

    (2), (4) only

      B.

    (1), (2), (3) only

      C.

    (1), (2) only

      D.

    (1), (3), (5) only

      E.

    (1), (3) only

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