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:

Semantic Memory

A type of long-term memory that involves the storage of general knowledge of the world, concepts, facts, and meanings of words and symbols.

American Civil War

A conflict between Northern and Southern states of the United States from 1861 to 1865 over issues including states' rights and slavery.

Historic Event

A significant occurrence or happening in the past that has shaped or altered the course of history.

Prospective Memory

This facet of memory is about recollecting actions or intentions that one planned to carry out or remember in the future.