Which of the Following Statements Is True of Goal Seeking

question 115

Multiple Choice

Which of the following statements is true of goal seeking analysis?

• A) It is a process of setting a target value for a particular metric and telling the program which variable to change to reach the goal.
• B) It is a process which analyzes historical and seasonal trends and then takes into account existing and predicted business conditions to estimate results.
• C) It is a process which involves software tools that rely on keywords, semantic structures, linguistic relationships, and common phrases to extract meaningful information.
• D) It is a process which involves revealing customer behavior patterns by analyzing their purchase of multiple items.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its short-term assets.

Net Profit Margin

A profitability ratio calculated as net income divided by revenue, expressed as a percentage, indicating how much profit a company generates from its total sales.

Quality of Income

A measure of how easily accounting income can be converted to cash, indicating the reliability of earnings.

Gross Profit Percentage

A financial metric that represents the proportion of money left over from revenues after accounting for the cost of goods sold, expressed as a percentage.