What Is Meant by the Term 'Sensitivity Analysis

question 22

Multiple Choice

What is meant by the term 'sensitivity analysis'?

• A) An assessment of the effect of objective changes on the accuracy of inputs
• B) A calculation of what changes are needed in inputs to create a specified change in output
• C) Calculation of the dependence of NPV on levels of risk
• D) A series of 'what- if' analyses to assess the effects of future changes of predicted profits and other key variables

---

Definitions:

Responsibility

The state or fact of having a duty to deal with something or of having control over someone, often playing a significant role in ethical and moral discussions.

Existential Therapy

A psychotherapeutic approach focusing on individual freedom, choice, and the search for meaning, often addressing existential concerns.

Responsibility

is the state or fact of having a duty to deal with something or of having control over someone.

Condemned to Be Free

A philosophical concept, often associated with existentialism, highlighting the idea that individuals are responsible for their own actions and the freedom of choice can be a source of anguish.