Deal with uncertainty in the budget-preparation process

Reference no: EM13271162

Which one of the following is not a way to deal with uncertainty in the budget-preparation process?
Linear programming.
What-if analysis.
Monte Carlo Simulation (MCS).
Scenario analysis.
Sensitivity analysis

The degree of operating leverage (DOL), at any sales volume, is equal to:
(Operating profit - fixed expenses) ÷ sal
(Sales - variable expenses) ÷ operating profit.
Operating profit ÷ (fixed expenses - variable expenses).
Sales ÷ (fixed expenses - operating profit).
Fixed costs ÷ Total contribution margin.

Reference no: EM13271162

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