______ is the act of duplicating the operation of a real-world process or system over time.
a. Duplication
b. Simulation
c. Programming
d. Modeling
b. Simulation
You might also like to view...
An advantage of direct mail marketing over digital forms is that it provides something tangible for people to hold and keep and it can be used to send samples
Indicate whether the statement is true or false
Taxing authorities are considered accounting information users with a direct financial interest in a business
Indicate whether the statement is true or false
Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,000. Assume a target income of 10% of average invested assets. Compute residual income for the division:
A. $150,500. B. $193,000. C. $60,300. D. $203,000. E. $197,500.
If an offer asks for acceptance by mail and the offeree faxes his acceptance:
A) there is no contract, and the offer is revoked. B) there is a contract if the acceptance is actually received within the time the authorized means would have arrived. C) the acceptance is merely a counteroffer. D) there is a contract, but only if the offeree calls the offeror and gets permission to fax the acceptance.