Question

Using cost analysis to analyze the money being spent by a firm is analogous to using ____________ to analyze the money coming into the firm.A. sales analysis

B. traditional accounting reports
C. performance analysis
D. the iceberg principle
E. TQM methods

Answer 1

A. sales analysis

Step-by-step explanation:

A sales analysis is a common breakdown of sales, where a company can see how many products or services has it sold over a given period of time.

Like cost analysis is useful for determining which costs can be cut down and which ones are justified, a sales analysis determines which product segment brings in the most revenue, creating an incentive for improvement.