# Is a process of varying key estimates to identify

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Chapter 26 / Exercise 3
Economics: A Contemporary Introduction
McEachern
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91. _________ is a process of varying key estimates to identify those variables that are most critical to a decision (or a model, such as a budget): A. A demand forecast.B.Sensitivity analysis.C. Regression analysis.D. Pareto analysis.E. Linear optimization analysis.
Blocher - Chapter 10 #91Difficulty: MediumLearning Objective: 10-592. Assume only the specified parameters change in a sensitivity analysis. If the contribution margin increases by \$2 per unit, then operating profits will:
Blocher - Chapter 10 #92Difficulty: EasyLearning Objective: 10-593. Assume that only the specified parameters change in a sensitivity analysis. The contribution margin ratio increases when:
Blocher - Chapter 10 #93Difficulty: EasyLearning Objective: 10-594. The process of examining how a change in a single item in a budget (e.g., sales volume) affects one or more items in the budget (e.g., budgeted sales revenue and budgeted operating income) is generally referred to as:
Blocher - Chapter 10 #94Difficulty: EasyLearning Objective: 10-595. Which of the following are alternatives to traditional budgeting approaches? A. Volume-based budgeting and zero-base budgeting (ZBB).B. Activity-based budgeting (ABB) and volume-based budgeting.C. Kaizen budgeting and volume-based budgeting.D.Activity-based budgeting (ABB), kaizen budgeting, and zero-base budgeting (ZBB).E. Activity-based budgeting (ABB), kaizen budgeting, and volume-based budgeting.
Blocher - Chapter 10 #95Difficulty: EasyLearning Objective: 10-796. Capital One produces a single product, which it sells for \$8.00 per unit. Variable costs per unit equal \$3.20. The company expected total short-term fixed costs to be \$7,200 for the coming month, at the projected sales level of 20,000 units. Management is considering several alternative actions designed to improve operating results. In conjunction with this, they have created a profit-planning model, which can be used to evaluate different scenarios. What is the current break-even point in terms of number of units for the month?
Blocher - Chapter 10 #96Difficulty: EasyLearning Objective: 10-5
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Chapter 26 / Exercise 3
Economics: A Contemporary Introduction
McEachern
Expert Verified