The Financial Forecasting and Planning Model That Is Becoming Increasingly

question 12

Multiple Choice

The financial forecasting and planning model that is becoming increasingly popular because they often provide financial decision makers with more useful information than other models is

• A)the deterministic model
• B)the probabilistic model
• C)the optimization model
• D)sensitivity analysis

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Definitions:

Reality

The state of things as they actually exist, as opposed to an idealistic or notional idea of them.

Appearances

The way in which persons or things seem to the eye or mind; the outward aspect or impression.

Parmenides

A pre-Socratic Greek philosopher who argued that reality is unchangeable, and all change is an illusion.

Unreal

Something that is imagined or fantasized and not found in reality; often used in discussions of philosophy, fiction, and art.