A large part of accounting is conducting "what-if"analyses, which are similar to "either/or"situations. What if you need to buy a new car? What if you get a raise at work? In accounting, accountants can use Excel to perform a what if analysis in a variety of ways.

• Discusssome ways accountants and business managers can use Excel to perform what if analyses in their business, or describe how you can use Excel to conduct a what-if analysis for your personal life.