In a Forecast Chart Provided by Crystal Ball,you Intend to Find

question 51

Multiple Choice

In a forecast chart provided by Crystal Ball,you intend to find the percentage of risk that the forecast over the specified period of time will not be positive.In this scenario,you should ________.

• A)enter the number 0 in the left range box of the forecast chart and press the enter key
• B)enter the number 0 in the right range box of the forecast chart and press the enter key
• C)first anchor the right grabber at infinity and then enter 0 in the Certainty box
• D)first anchor the left grabber at infinity and then enter 0 in the Certainty box

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Definitions:

Normal Standards

The expected performance or cost levels under normal operating conditions, used for budgeting or measuring efficiency.

Ideal Standards

Benchmark or optimal performance levels set in managerial accounting to evaluate operational efficiency, without considering any business constraints.

Theoretical Standards

Idealized cost and efficiency targets in manufacturing or production, based on perfect operating conditions.

Standard Cost Variances

The differences between the expected (standard) costs and the actual costs incurred.