All of the Following Are Types of Prescriptive Analytics Except

question 40

Multiple Choice

All of the following are types of prescriptive analytics except:

• A) Goal-seek analysis
• B) Regression analysis
• C) Marginal analysis
• D) Cash flow analysis

Determine the predetermined overhead rate based on various factors.

Analyze the efficiency variance for variable overhead costs.

Comprehend the role of standard cost systems in overhead application.

Evaluate the impact of denominator level of activity on overhead rates.

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Definitions:

Referent Power

A form of influence based on the leader's personal relationships or reputation, leading others to follow.

Legitimate Power

Aform of authority wherein power is granted through an established structure or system, such as in managerial or governmental roles.

Coercive Power

Coercive power is a form of influence gained from the ability to punish or withhold resources, often utilized in leadership or organizational contexts to enforce compliance.

Reward Power

The influence and control an individual has over others by providing or withholding rewards.