The Method of Evaluating Financial Data That Change Under Different

question 17

Multiple Choice

The method of evaluating financial data that change under different courses of action is called:

• A) financial statement analysis.
• B) break-even analysis.
• C) incremental analysis.
• D) cost-benefit analysis.

---

Definitions:

Statute of Frauds

A legal requirement that certain types of contracts be executed in writing and signed by the party to be charged, in order to be enforceable.

UCC

Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, intended to standardize regulations across the states.

IRS Form

Official documents issued by the Internal Revenue Service for taxpayers to report financial information, file taxes, or claim deductions.

Delegation

A contracting party’s (a delegator’s) transfer of his or her duty to perform to a third party who is not part of the original contract (a delegatee).