When Using a Spreadsheet Package to Answer "What If" Questions

question 69

Multiple Choice

When using a spreadsheet package to answer "what if" questions, the user must change:

• A) Only a selected variable to see the impact of that change
• B) A number of variables to make a single change to the spreadsheet output
• C) All the formulas in order to calculate new values
• D) Nothing - spreadsheets cannot be used to answer "what if" questions

---

Definitions:

Centralized Decision-Making

A decision-making process where major decisions are made by a small group of people or an individual at the top of an organizational hierarchy.

Division Of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Incentives

Rewards or benefits offered to encourage specific actions or behaviors by employees, consumers, or other groups.

Control Mechanism

Systems or procedures implemented to regulate processes, behaviors, or operations to achieve stability or compliance within an organization.