_____ Enables You to Apply Different Variables in Decision Making

question 69

Multiple Choice

_____ enables you to apply different variables in decision making.

• A)What-if analysis
• B)Data analysis
• C)Sensitivity analysis
• D)Exception reporting analysis

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Definitions:

Perpetual Inventory System

An inventory accounting system that records goods transactions in real-time.

FOB Shipping Point

A shipping term indicating that the buyer assumes responsibility for the goods and the associated costs once the goods leave the seller's premises.

Ending Inventory

Ending inventory is the total value of all inventory, including raw materials, work-in-progress, and finished goods, that a company has at the end of an accounting period.

FOB Destination

A shipping term indicating that the seller bears delivery costs and risks until the goods reach the buyer's specified location.