________ analysis involves comparison of current to past performance and the evaluation of developing trends.
A) Time-series
B) Cross-sectional
C) Marginal
D) Break-even

Question

Quizplus · Accepted Answer

Time-series analysis involves comparing current performance to past performance and identifying developing trends over time. This is particularly useful for evaluating the effectiveness of business strategies and forecasting future performance. Cross-sectional analysis, on the other hand, involves comparing data from different groups or categories at a point in time. Marginal analysis involves examining the incremental or additional costs and benefits of a particular decision or action. Break-even analysis involves identifying the point at which a company's revenue equals its total costs and expenses. While all four types of analysis can be useful in business decision-making, time-series analysis is the best choice for evaluating developing trends over time.

________ Analysis Involves Comparison of Current to Past Performance and the Evaluation