Two Managerial Accounting Tools Useful in Considering the Uncertainty of Estimates

question 188

Multiple Choice

Two managerial accounting tools useful in considering the uncertainty of estimates are

• A)sensitivity analysis and expected value analysis
• B)sensitivity analysis and capital rationing
• C)net present value method and expected value analysis
• D)capital rationing and expected value analysis

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Definitions:

Massed Practice

A learning technique that involves studying or practicing something intensively over a short period of time without taking breaks.

Overlearning

The continued practice or study of material or skills beyond what is necessary for initial mastery.

Organization

A structured group of people working together to meet a common goal or to perform a specific function.

Overlearning

involves practicing newly acquired skills beyond the point of initial mastery, leading to better performance and retention.