Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is a limitation of expected

Which of the following is a limitation of expected value analysis? Expected value analysis assumes...

60.1K

Verified Solution

Question

Accounting

Which of the following is a limitation of expected value analysis?
Expected value analysis assumes that there will be no changes in
past performance in the future (for example, efficiency will not
improve).
Expected value analysis can only be used when performance is
expected to be within the relevant range of activity.
Expected value measures the
"average" outcome of a situation.
Expected value analysis cannot be used when it is difficult to
accurately measure the impact of efficiency improvements.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students