Case 8-1 As the Senior Accountant for a Manufacturing Company, You Have

question 90

Multiple Choice

Case 8-1
As the senior accountant for a manufacturing company, you have many years experience working with Excel and often provide help and tips on using Excel to the company's more junior accountants.
-This morning June, a junior accountant who works in the budgeting area, sends you an e-mail. She is preparing a manufacturing expenses forecast for the next five years based on the data from current year and the previous four years. She asks if Excel has a tool that can help her with forecasting forward five years. In your reply e-mail, you suggest to June that she can ____.

• A) ask Lou, in fixed assets accounting, because you have no idea what Excel tool would be useful
• B) create a chart based on the five years' available data and then add an appropriate trendline to the chart to predict values beyond the available data
• C) create a new worksheet in her workbook, copy the actual data to the new worksheet, and then use slicers to forecast forward five years
• D) just increment each year's forecasted expenses by ten percent; that should give forecasted values that will be close enough

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Definitions:

Epinephrine

A hormone and neurotransmitter also known as adrenaline; it increases heart rate, muscle strength, blood pressure, and sugar metabolism, and is used in medical scenarios to treat severe allergic reactions.

Neural Pathway

A network of neurons connected by synapses along which electrical impulses travel within the nervous system.

Effector Organ

An organ that responds to a stimulus in a reflex arc, typically involving muscles or glands.

Transduction

The process by which foreign DNA is introduced into a cell by a virus or viral vector. In sensory science, it refers to the conversion of a stimulus into a signal by a sensory receptor.