In a Company with Different Business Units,individual Managers Make Decisions

question 151

Multiple Choice

In a company with different business units,individual managers make decisions by changing various assumptions of its budget in order to determine how the modifications would affect the operational and financial results.This is an example of ________.

• A) financial statement analysis
• B) responsibility accounting
• C) sensitivity analysis
• D) zero-based budgeting

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Definitions:

Specialized U.N. Agency

refers to an autonomous organization affiliated with the United Nations, focusing on specific sectors like health, agriculture, or education, such as WHO or FAO.

International Court of Justice

The International Court of Justice is the principal judicial organ of the United Nations, responsible for settling legal disputes between states and giving advisory opinions on international legal questions.

Sovereign State

An independent and self-governing political entity recognized by other states, with full control over its internal and external affairs.

Sovereign Immunity

Sovereign immunity is the legal doctrine that the government or state cannot be sued or charged in civil or criminal court without its consent.