Asked by Xitlaly Vicuna on Jun 13, 2024

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The source of data to serve as inputs in incremental analysis is generated by

A) market analysts.
B) engineers.
C) accountants.
D) All of these answer choices are correct.

Incremental Analysis

An examination of the relevant costs and potential revenues associated with making business decisions, focusing on changes that would result from choosing one option over another.

Market Analysts

Professionals who study market conditions to forecast potential sales and help businesses understand what products people want.

Accountants

Professionals responsible for managing and reporting a company's financial information, ensuring accurate bookkeeping, tax compliance, and financial statement preparation.

  • Determine the positions and obligations associated with internal reporting and managerial accounting in the framework of making decisions.
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Verified Answer

AN
Ayesha NaseerJun 14, 2024
Final Answer :
D
Explanation :
Incremental analysis involves evaluating the financial consequences of business decisions, and the data for such analysis can come from various sources. Market analysts provide insights on market trends and demand forecasts, engineers can offer data on production capabilities and technological advancements, and accountants generate financial data and cost information. Therefore, all these professionals contribute valuable data for incremental analysis.