With the Aid of Computer Software, Managers Can Vary Assumptions

question 205

Multiple Choice

With the aid of computer software, managers can vary assumptions regarding selling prices, costs, and volume and can immediately see the effects of each change on the break-even point and profit. This is called:

• A) "What if" or sensitivity analysis
• B) vary the data analysis
• C) computer aided analysis
• D) data gathering

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Definitions:

Compressed Workweek

An alternative work schedule allowing employees to work longer hours on fewer days, often resulting in a three-day weekend.

Telecommuting

It involves working from a remote location outside of a traditional office environment, often from home, using technology to stay connected.

Flexible Working Hours

An arrangement that allows employees to vary their arrival and departure times, or choose their working hours, to accommodate personal needs and improve work-life balance.

Compressed Workweek

A work schedule that allows an employee to work a full-time job in fewer than the standard five days.