Part 3. Are there any risk factors associated with profits (in which revenue/cost items would variances have the most impact on the bottom line)? What do various scenarios (options) look like? = 5 marks broken up as follows:

3a. What would a positive profit scenario look like? (Describe any relevant revenue or cost conditions) (1 Mark).

3b. What would a negative/economic loss scenario look like? (Describe any relevant revenue or cost conditions) (1 Mark).

3c. What would a break-even scenario look like? (Describe any revenue or cost conditions) (1 Mark).

3d. How realistic are each of these scenarios? (1 Mark).

3e. Are there any assumptions discussed in 3a to 3d that need to be tested? (1

Mark).