________ Is a What-If Technique That Asks What a Result

question 197

Multiple Choice

________ is a what-if technique that asks what a result will be if a predicted amount is not achieved or if an underlying assumption changes.

• A)Sensitivity analysis
• B)Ratio analysis
• C)Risk analysis
• D)Strategic analysis

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Definitions:

Instrument Payable

A financial document promising to pay a specified amount of money to a person in possession or to their order.

Time Paper

A financial document or instrument that is payable at a future specified date, not upon demand or presentation.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on-demand or at a set time, with the payee’s name either mentioned or left blank.

Separate Agreement

An individual contract related to, but distinct from, another contract, often detailing specific aspects or obligations not covered in the primary agreement.