______ simulation is the act of duplicating the operation of a real-world process or system over time using physical objects to replace the actual objects.

A. Abstract
B. Physical
C. Process
D. Design


B. Physical

Business

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The primary purpose of a detailed situation analysis is to uncover key performance issues that normally might go unnoticed in day-to-day business operations

Indicate whether the statement is true or false

Business

A gain or loss that qualifies for extraordinary treatment on the income statement must have which of the following qualities? I. Unusual in Nature II. Discontinued Segment III. Infrequent in Occurrence IV. Nonoperating in Nature V. Never Occurred

a. I and V b. III and IV c. I and III d. I, II, and III

Business

Websites maintained by which of the following tend to be the LEAST valid?

a. Faculty b. Think-tank members c. Governmental organizations d. Commercial organizations

Business

Drop-shippers

A. have high operating costs because they do transporting and storing. B. do not stock the products they sell. C. do not emphasize selling. D. do not anticipate their customers' needs. E. do not take title to the products they sell.

Business