Sensitivity analysis is especially useful in incorporating interrelationships into budgeting decisions by managers.

Name: Sensitivity analysis is especially useful in incorporating interrelationships into budgeting decisions by managers.
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Question

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Sensitivity analysis helps managers by showing them how changes in one variable or assumption affects other variables in a budget model. This way, managers can better understand the interrelationships in their budgeting decisions and make more informed decisions.

Sensitivity Analysis Is Especially Useful in Incorporating Interrelationships into Budgeting