Which of the following is a false statement in relation to differential analysis?

Group of answer choices

The analysis of differential revenues and costs in order to determine the differential impact on profit of two alternative courses of action is called differential analysis.

Differential analysis is most likely used in long-term decision making.

Differential profit indicates that a decision is expected to increase income and Differential loss indicates that a decision is expected to decrease income.

Management uses differential analysis to make a decision between alternative courses of action.