What type of version is utilized for evaluating business transactions in a scenario-based manner?

The correct choice is Virtual Version because it is specifically designed to evaluate and analyze business transactions in a flexible, scenario-based manner. Virtual Versions allow users to create different scenarios without affecting the baseline data or the actual operational data. This capability enables organizations to model various business situations and assess potential impacts on their financials and operations.

In this context, a Virtual Version is essential for running simulations, performing "what-if" analyses, and making informed decisions based on hypothetical scenarios. By using Virtual Versions, organizations can explore the implications of different strategies, budgets, or forecasts in a risk-free environment, thereby fostering a dynamic planning process.

Other options, such as Journal Entry Version and Plan Version, serve different purposes. Journal Entry Versions focus on recording and managing accounting transactions, while Plan Versions are related to the structured plans formulated for budgeting and forecasting, without the added flexibility that Virtual Versions provide for scenario evaluation.