What Is the DSS Analysis That Checks the Impact of a Change

question 112

Multiple Choice

What is the DSS analysis that checks the impact of a change in a variable or assumption on the model?

• A) Optimization analysis
• B) Goal-seeking analysis
• C) Sensitivity analysis
• D) What-if analysis

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Definitions:

Debits And Credits

The two sides of every financial transaction in double-entry bookkeeping, with debits usually recorded on the left and credits on the right, used to ensure the accounting equation remains in balance.

Chart Of Accounts

A list of the accounts in the ledger.

Balance Sheet

An accounting summary that captures a firm's financial status at a particular instant, outlining the company's resources, obligations, and equity held by shareholders.

Ledger

A book or collection of financial accounts where financial transactions are recorded.