Examlex
Required financial statements of funds may include the following,among others:
The financial statements that should be issued by governmental funds and by proprietary funds include the following:
Base-Case
A scenario used as a benchmark in analysis, representing the default or most likely set of assumptions.
Sensitivity Analysis
A technique used to determine how different values of an independent variable will affect a particular dependent variable under a given set of assumptions.
Forecasting Risk
The potential for actual outcomes to differ significantly from predicted outcomes in business or financial forecasting models.
Scenario Analysis
An approach to understanding future prospects by exploring various potential outcomes.
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