Performance analysis
A. is most useful in situations where the iceberg principal is not likely to be a concern.
B. indicates why problems have occurred and how to solve them.
C. may be based on several different performance indexes.
D. is based on qualitative factors-as contrasted with sales and cost analyses, which are based on quantitative data.
E. All these answers are correct.
Answer: C
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What will be an ideal response?
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Fill in the blank(s) with the appropriate word(s).