Question: next part Requirement 3. How might spreadsheet software such as Excel assist in this type of analysis? Technology, such as Excel spreadhseet software, makes it

next part Requirement 3. How might spreadsheet software such as Excel assist in this type of analysis? Technology, such as Excel spreadhseet software, makes it more cost-effective time-consuming to conduct financial statement analysis sensitivity or "what-if" analysis and prepare a company's annual report. master budget. If managers have a better understanding of how changes in sales volume and costs are likely to affect net income the annual report , they can maintain the same course of action react quickly and make changes if key assumptions turn out to be wrong

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