{"id":8479,"date":"2024-04-15T03:01:15","date_gmt":"2024-04-15T03:01:15","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=8479"},"modified":"2024-04-15T03:01:15","modified_gmt":"2024-04-15T03:01:15","slug":"sensitivity-analysis-is-a-study-of-a-comparison-of-profit-and-loss-b-comparison-of-assets-and-liabilities-c-change-in-output-due-to-change-in-input-d-economics-of-cost-and-benefits-of-the-project","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/sensitivity-analysis-is-a-study-of-a-comparison-of-profit-and-loss-b-comparison-of-assets-and-liabilities-c-change-in-output-due-to-change-in-input-d-economics-of-cost-and-benefits-of-the-project\/","title":{"rendered":"Sensitivity analysis is a study of A. Comparison of profit and loss B. Comparison of assets and liabilities C. Change in output due to change in input D. Economics of cost and benefits of the project"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Comparison of profit and loss&#8221; option2=&#8221;Comparison of assets and liabilities&#8221; option3=&#8221;Change in output due to change in input&#8221; option4=&#8221;Economics of cost and benefits of the project&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>C. Change in output due to change in input<\/strong><\/p>\n<p>Sensitivity analysis is a study of how much the output of a model changes in response to a change in one or more of its inputs. It is a way of understanding how sensitive the model is to changes in its inputs.<\/p>\n<p>Option A is incorrect because it is a study of profit and loss, not of the change in output due to a change in input.<\/p>\n<p>Option B is incorrect because it is a study of assets and liabilities, not of the change in output due to a change in input.<\/p>\n<p>Option D is incorrect because it is a study of the economics of cost and benefits of a project, not of the change in output due to a change in input.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Comparison of profit and loss&#8221; option2=&#8221;Comparison of assets and liabilities&#8221; option3=&#8221;Change in output due to change in input&#8221; option4=&#8221;Economics of cost and benefits of the project&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[655],"tags":[],"class_list":["post-8479","post","type-post","status-publish","format-standard","hentry","category-construction-planning-and-management","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sensitivity analysis is a study of A. 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