The Type of Analysis That Models Some Event and Requires

question 28

Multiple Choice

The type of analysis that models some event and requires that estimates be made of the probability distribution of each cash flow element is _____.

• A) scenario
• B) sensitivity
• C) simulation
• D) net present value/payback approach

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Definitions:

Pixels

Pixels, short for picture elements, are the smallest units of a digital image displayed on a screen, forming the overall picture when viewed together.

Display

A device that shows computer output. Also called a monitor.

System Resource Conflict

A situation where two or more hardware devices or software applications attempt to use the same system resources, resulting in errors or malfunctions.

Hardware

A tangible, physical item, such as the keyboard or monitor.