________ Is a Decision Support Tool, Often Based on an Excel

question 19

Multiple Choice

________ is a decision support tool, often based on an Excel model, in which the user sets a target value for a particular variable, such as profit/ loss, and tells the program which variable to change to try to reach the objective.

• A)Goal-seeking analysis
• B)Goal harvesting
• C)Market basket analysis
• D)Data aggregation

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Definitions:

Forward Contract

A contractual agreement to buy or sell a particular commodity or financial instrument at a pre-determined price at a future date.

Spot Rates

The existing market value at which one can buy or sell a currency for instant delivery.

Selling Price

The set amount of money for which a product or service is sold to customers.

Spot Rates

The present cost at which a specific asset is available for purchase or sale with immediate delivery.