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Which of the following would be categorized as an opportunity cost?
A.not being able to spend your $10,000 savings if you sink the money in your business
B.the cost of purchasing supplies for your house-cleaning business
C.the cost of purchasing auto insurance for your dry-cleaning delivery business
Goal Seek
A function in spreadsheet software that finds the input value needed to achieve a specific goal or result in a formula.
What-If Analysis
A process or feature in spreadsheet and analytical software that allows users to predict the outcome of a particular action or scenario by changing variables.
Data Tab
In software, it is typically a section within a user interface that provides access to a collection of data or database management features.
Scenario Summary Report
A condensed overview of a scenario, highlighting its main points, outcomes, and analyses.
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