Which of the following statements accurately describes characteristic(s) of simulation analysis as it is conducted with respect to project evaluation?

Group of answer choices

a. Simulation analysis allows for only one variable to change at a time in order to find out the distribution of possible NPVs.

b. It is a technique that does not require knowledge of the underlying distribution of the variables that contribute to the wealth impact of the project.

c. None of the other statements accurately describes characteristic(s) of simulation analysis as it is conducted with respect to project evaluation.

d. More than one of the other statements accurately describes characteristic(s) of simulation analysis as it is conducted with respect to project evaluation.

e. Simulation analysis can be used to determine the probability that the project will result in negative NPV.