Which of the following analyses involves making hypothetical changes to the data associated with a problem and observing how these changes influence the results?

A) predictive analysis
B) time-series analysis
C) linear regression analysis
D) what-if analysis
E) multivariate analysis


D

Business

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Which of the following is a reason why an auditor needs an understanding of internal controls?

a. To provide individual comments on internal control non-compliance. b. To become comfortable that the client will pay its audit bills. c. To assess materiality. d. To assess the risk of possible misstatements in the financial statements.

Business

A variety of plans, including a marketing plan, exist within a business plan

Indicate whether the statement is true or false

Business

In ______, influencers offer explanations, evidence and logical arguments to convince others to go along with their requests.

Fill in the blank(s) with the appropriate word(s).

Business

A database is a collection of information stored digitally so that it is accessible by computers and mobile electronic devices

Indicate whether the statement is true or false

Business