What is the process of evaluating financial data that changes under alternative courses of action called?
A)incremental analysis
B)decision-making analysis
C)contribution margin analysis
D)cost-benefit analysis

Question

Quizplus · Accepted Answer

Incremental analysis is the process of evaluating financial data that changes under alternative courses of action. It involves analyzing the expected revenues, costs, and profits of each alternative to determine which alternative will have the best financial outcome. Decision-making analysis, contribution margin analysis, and cost-benefit analysis are related concepts but are not synonymous with incremental analysis.

What Is the Process of Evaluating Financial Data That Changes