Which of the following is true about a dynamic simulation model?
a. A dynamic simulation model represents the system at a given point in time.
b. A dynamic simulation model is also known as Monte Carlo simulation model.
c. A dynamic simulation model is used to decision-making under uncertainty.
d. All of the above
C
You might also like to view...
An accounting information system (AIS) is defined as being an information system that records, processes and reports on transactions to provide financial and nonfinancial information for decision making and control.
Answer the following statement true (T) or false (F)
When delivering negative organizational news, it is necessary to be candid about what is happening, why, and its effect on employees, customers, and the public
Indicate whether the statement is true or false
Which of the following would be classified as an internal failure cost on a quality cost report?
A. Systems development. B. Audits of the effectiveness of the quality system. C. Debugging software errors. D. Quality improvement projects.
The yield on a company's five-year bonds is 5%. The five year swap rate is 4.5% and the five-year Treasury rate is 4%. What would be closest to your best estimate of the five-year CDS spread
A. 200 basis points B. 150 basis points C. 100 basis points D. 50 basis points