________ is a "what if" technique that estimates profit or loss results if sales price, costs, volume, or underlying assumptions change.
A) High-low method of analysis
B) Sensitivity analysis
C) Contribution margin
D) Operating leverage
B) Sensitivity analysis
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Which audit technique should be used to determine the accuracy of a retail buyer's sales forecasts?
a. nondisguised b. systematic c. disguised d. horizontal
Chapter 1 discusses 10 principles that form the foundation of personal finance. The principle that considers the importance of insurance is the ________ principle
A) agency problem — beware the sales pitch B) all risk is not equal C) time value of money D) protect yourself against major catastrophes E) none of the above
Which of the following is not one of the important characteristics of business processes?
A. The processes have internal users. B. The processes have external users. C. The processes occur only within organizations. D. The processes occur across organizations.
If a group of independent variables are not significant individually but are significant as a group at a specified level of significance, this is most likely due to:
a. heteroscedasticity. b. an error in the analysis. c. multicollinearity. d. None of these choices.