Which of the Following Is the Purpose of Providing a Sensitivity

question 97

Multiple Choice

Which of the following is the purpose of providing a sensitivity analysis?

• A)To determine which variable is most critical to the success or failure of a project.
• B)To develop a probability distribution for a project.
• C)To evaluate the worst-case scenarios.
• D)To examine all possible outcomes of a project.

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Definitions:

Rescinding

The action of revoking, canceling, or repealing a contract, agreement, or law.

Respondeat Superior Liability

A legal doctrine holding employers or principals liable for the wrongful acts of their employees or agents, performed within the scope of their employment or agency.

Principal

The original amount of money borrowed or invested, excluding any interest or dividends.

Fault

In legal terms, refers to culpability or responsibility for wrongdoing or an accident, often determining liability in civil cases.