"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. How do you expand on at least three (3) types of what-if analyses that an accountant should be able to perform to measure a firm's performance over a period. Include the type of data that will be needed to support this analysis.How do you justify your response.