By Entering a Variety of Input Data and Comparing the Results

question 83

Multiple Choice

By entering a variety of input data and comparing the results to output you have already calculated outside the worksheet, you can use ____ analysis to indirectly verify the validity of your worksheet.

• A) what-if
• B) COGS
• C) audit
• D) data linking

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Definitions:

Void Contract

An agreement that is invalid from the outset and has no legal force or effect, making it unenforceable by law.

Cure

A breaching party’s right to provide conforming goods when nonconforming goods were initially delivered; subject to a reasonable time test.

Price Reduction

A decrease in the selling price of goods or services, often used as a strategy to increase consumer demand or clear out inventory.

Void Contract

An agreement that lacks legal enforceability or is null from its inception due to certain legal deficiencies.