If budgeted amounts change, sensitivity analysis can be used to examine changes in the budgeted results.

Name: If budgeted amounts change, sensitivity analysis can be used to examine changes in the budgeted results.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Sensitivity analysis is a technique used to examine the effects of changes in one or more variables on a project or business's financial results. If budgeted amounts change, conducting a sensitivity analysis can help identify the impact of those changes on the budgeted results.

If Budgeted Amounts Change, Sensitivity Analysis Can Be Used to Examine