Which of the following best describes the term "sensitivity analysis"?
A) It is a testing technique to determine how results would differ if key assumptions are changed.
B) It is an analysis of the emotional sensitivity of a company's employees.
C) It is an evaluation of the accuracy of the assumptions.
D) It evaluates a company's financial condition by doing financial statement analysis.
A) It is a testing technique to determine how results would differ if key assumptions are changed.
You might also like to view...
According to social cognitive theory of mass communication, we experience ______ motivation when we perceive we will be rewarded if modeling an observed behavior.
A. retention B. direct C. vicarious D. self-produced
A hybrid costing system combines:
a. Process and standard costing systems. b. Job order and standard costing systems. c. Job order and normal costing system. d. Job order and process costing systems.
Discuss the important functions of horizontal communication.
What will be an ideal response?
How does U.S. business law provide worker protection?