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Which of the Following Performs Such Abstract Intellectual Function as Predicting

question 98

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Which of the following performs such abstract intellectual function as predicting the future consequences of events or actions?


Definitions:

Simulation Analysis

is a method used in risk management to model possible outcomes of a decision by manipulating variables within mathematical or computer simulations.

NPV Estimates

Projections or calculations of the Net Present Value for different investments or projects to aid in decision-making.

Simulation Analysis

A technique used to predict the outcome of a project or investment by running multiple simulations with various sets of assumptions.

Capital Rationing

The process of restricting the amount of capital available for investment in new projects by a company due to budget constraints.

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