The risk measurement approach that examines the impact of a change in the value of a variable on a selected outcome variable, assuming all other variables are held constant is known as sensitivity Analysis.
<h3>What is meant by sensitivity analysis?</h3>
Sensitivity analysis is the study of how different sources of input uncertainty can be split and assigned to the output uncertainty of a mathematical model or system.
Sensitivity analysis is a type of financial model that assesses the impact of changes in input variables on target variables. This model is also known as a simulation analysis or a what-if model. It is a technique for forecasting a decision's outcome given a set of relevant factors.
Sensitivity Analysis is a method of risk measurement that considers the effects of changing one variable's value on a particular outcome variable while maintaining the same values for all other variables.
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The statement,"A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to enjoy economies of scale that result in higher quality and lower cost than if every company makes its own parts" is True
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<u>Explanation:
</u>
The drawback to vertical integration is that a producer can have economies of scale, and incorporate demand for components from certain companies and therefore improve quality and cost in contrast with the production of their own products by each company.
Market power is a framework in which an organization manages the microeconomics and administration supply chain. In general, a supply chain leader creates another goods or services and the products satisfy a certain criteria.
A retailer such as Wal-Mart, which has its own products, is an example of vertical integration. This owns the inventory, manages the distribution and is the seller. Because it splits the guy in between, the company will deliver a much lower price, such as the brand name drug.
Answer:
The adjustment to record the bad debt expense for the period will require a debit $3,654
Explanation:
There are two way to estimate uncollectible accounts: the percentage of sales method and the accounts receivable aging method.
The company uses the accounts receivable aging method to estimate the uncollectible accounts and estimated uncollectible of $4,979
Before adjustment, Allowance for Doubtful Accounts has a $1,325 credit balance.
Bad debt expense for the period = $4,979 - $1,325 = $3,654
Answer: The correct answer is "A. Rene, who has a disability, is rejected from a job position because another candidate did not have a disability.".
Explanation: Disability discrimination occurs when an employer treats a qualified person with a disability, who is an employee or job applicant, unfavorably because he has a disability.
While in the case of option B, the law requires an employer to provide reasonable accommodation to an employee or job applicant with a disability, this is not mandatory if doing so will generate significant difficulties or expenses for the employer.
Therefore the case of option A would be considered a situation of legal employment discrimination.
Answer:
The answer is C. wholesaler.
Explanation:
According to Edmentum, "Wholesalers purchase goods from various producers and stock them. Then, they sell stocks of goods to different retailers according to their requirement."