The Name for a Variety of Methods Used to Examine

question 80

Multiple Choice

The name for a variety of methods used to examine how an amount will change if factors involved in predicting that amount change is:

• A)Sensitivity analysis.
• B)What-if analysis.
• C)Factor analysis.
• D)Cost analysis.
• E)Profit Analysis.

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Definitions:

Allocated Based on Space

The distribution of resources or costs among departments or projects according to the physical area they occupy or require.

Personnel Department Cost

Expenses related to the operation of a human resources department, including salaries, training, and benefits administration.

Step-Down Method

An accounting method used to allocate the costs of service departments to producing departments and other service departments in a sequence.

Support Departments

Units within an organization that provide essential services or support to the core operational departments but do not directly contribute to revenue.