A Tool That Managers Use to Estimate the Effects of Deviations

question 63

Multiple Choice

A tool that managers use to estimate the effects of deviations from budget assumptions is known as:

• A) sensitivity analysis
• B) variance analysis
• C) standard costing
• D) benchmarking

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Definitions:

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Chemical substances used in manufacturing processes or sold for industrial or professional use.

National Pollutant

A substance that contaminates the environment on a national scale, often regulated by government agencies due to its harmful effects.

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Authorizations issued by environmental regulatory agencies allowing the release of specific pollutants into the environment, under defined conditions.

EPA

The Environmental Protection Agency is a U.S. federal agency tasked with protecting human health and the environment through regulations and enforcement.