1. Net Present Value and Future Value calculations help us better understand trade-offs like:

A: Lease vs Buy alternatives

B: Fair & Reasonable Prices

C: Cost Realism

D: Cost Reasonableness

2. Cost volume Profit Analysis is a tool used by companies to determine:

A:Break Even Point of Cost

B:Sales Volume

C:Sales Price

D:Variable cost per Unit

3. A simple Regression Analysis model tells us that apples are sold by the pound, therefore the cost of apples depends upon the number of pounds purchased. In this scenario, the number of pounds is referred to as the:

A: Independent Variable

B: Dependent Variable

C: Line of Best Fit

D: Cost Estimating Relationship