________ Is a "What If" Technique That Estimates Profit or Loss

question 15

Multiple Choice

________ is a "what if" technique that estimates profit or loss results if selling price,costs,volume,or underlying assumptions change.

• A) High-low method of analysis
• B) Sensitivity analysis
• C) Contribution margin
• D) Operating leverage

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Definitions:

Ergonomic Job Design

The process of designing workstations, tools, and job tasks to fit the physical and cognitive abilities of employees to reduce the risk of injury and increase job efficiency.

Occupational Safety and Health Administration

A U.S. government agency responsible for ensuring safe and healthy working conditions by setting and enforcing standards and by providing training, outreach, education, and assistance.

Industrial Engineering

A branch of engineering that focuses on the optimization of complex processes, systems, or organizations by improving productivity, efficiency, and effectiveness.

Empower Workers

The practice of giving employees more autonomy, authority, and control over their work processes, decisions, and resources.