________ Uses a 'What-If' Technique That Examines How Results Will

question 87

Multiple Choice

________ uses a 'what-if' technique that examines how results will change if the originally predicted data changes.

• A)A sales forecast
• B)The cash flow statement
• C)A sensitivity analysis
• D)A pro forma financial statement

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Definitions:

Wealth

An abundance of valuable financial assets or physical possessions which can be transformed into forms that can be used for transactions.

Financial Assets

Assets that derive value from a contractual claim on future earnings or from owning equity in a company, such as stocks, bonds, or bank deposits.

Income Inequality

The unequal allocation of income among individuals in a community, resulting in differences in wealth and life quality.