Asked by Tyrik Lawson on May 16, 2024
Verified
Incremental analysis is synonymous with
A) difficult analysis.
B) differential analysis.
C) gross profit analysis.
D) derivative analysis.
Incremental Analysis
The method of evaluating the financial impact of business decisions by considering only the costs and benefits that change due to the decision.
Differential Analysis
The process of comparing the costs and benefits of alternative decisions.
- Comprehend the framework of sequential analysis and its value in executive decision strategies.
- Familiarize oneself with the aspects that dictate cost fluctuations and their importance in progressive analysis.
Verified Answer
SR
Sarita RampersadMay 18, 2024
Final Answer :
B
Explanation :
Incremental analysis is the process of analyzing the differences in costs and benefits between alternative options. It is also known as differential analysis because it compares the differences between the two options.
Learning Objectives
- Comprehend the framework of sequential analysis and its value in executive decision strategies.
- Familiarize oneself with the aspects that dictate cost fluctuations and their importance in progressive analysis.