Circuit analysis is the process of:

Circuit analysis encompasses the comprehensive examination of an electrical network, where the primary goal is to identify all voltages and currents flowing through each component within that network. This process involves applying various analytical techniques, such as Kirchhoff's laws, Ohm's law, and mesh or nodal analysis, to dissect the circuit systematically.

By determining all voltages and currents, one gains a complete understanding of how the electrical components interact with each other, which is essential for predicting circuit behavior under different operating conditions. Circuit analysis enables engineers to ensure that the circuit functions as intended, meets design specifications, and adheres to safety standards.

Focusing solely on resistance, power consumption, or voltage drops provides a limited view of the entire network. While these aspects are important, they do not reflect the full scope of circuit analysis, which requires a holistic understanding of the entire network's electrical parameters. Thus, the correct answer highlights the broader objective of circuit analysis, capturing the complete interactions in the electrical network.