Using a Number of Outcome Estimates to Get a Sense

question 7

Multiple Choice

Using a number of outcome estimates to get a sense of the variability among potential returns is

• A) financial analysis.
• B) post-audit analysis.
• C) sensitivity analysis.
• D) outcome analysis.

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Definitions:

Sensory Register

The part of the memory system where sensory information is stored for a very short period of time, almost instantaneously.

Fake Memory

A psychological phenomenon where a person recalls something that did not happen or recalls it differently from the way it actually happened.

Easy To Imagine

A concept referring to how readily something can be visualized or thought of, which can influence people's judgments and decisions.

Key Details

Important facts or pieces of information that are crucial to understanding a topic or situation.