Question: Using What-If Analysis Accountants are counted on to provide management with analyzing data to determine best- and worst-case scenarios. As future planning becomes more complex,

"Using What-If Analysis"

Accountants are counted on to provide management with analyzing data to determine best- and worst-case scenarios. As future planning becomes more complex, these what-if analyses can increase in complexity and usefulness. Identify and discuss at least three (3) types of what-if analyses that an accountant should be able to perform to measure a firms performance over a period. Be sure to include the type of data that will be needed to support this analysis. Justify your response.

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