SENSITIVITY ANALYSIS Definition

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SENSITIVITY ANALYSIS is the analysis of how sensitive outcomes are to changes in the assumptions. The assumptions that deserve the most attention should depend largely on the dominant benefit and cost elements and the areas of greatest uncertainty of the program or process being analyzed.

Learn new Accounting Terms

ECONOMIC EVENT is the transfer of control of an economic resource from one party to another party.

MATURITY is the date on which the last principal payment of a debt instrument becomes due and payable.

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