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:

Clarification

The act of making a statement or situation less confused and more comprehensible.

Class Lectures

Educational talks or presentations given by teachers or professors as a part of a course curriculum to convey knowledge on a specific topic.

Schedule Clear

Ensuring that a calendar or timetable is free of conflicts or commitments, often to make room for important tasks or events.

Mind Map

A diagram used to visually organize information, typically built around a single concept, with associated ideas, tasks, or other items linked to and arranged around it.