Simulation models are particularly useful for:

a. forecasting
b. obtaining deterministic outputs
c. evaluating constraints
d. asking what-if questions


d

Business

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Allman, Inc, enters into a call option contract with Betts Investment Co on January 2, 2014 . This contract gives Allman the option to purchase 1,000 shares of Upmann stock at $100 per share. The option expires on April 30, 2014 . Upmann shares are trading at $100 per share on January 2, 2014, at which time Allman pays $200 for the call option. Using the information above, assume that the price

of the Upmann shares has risen to $130 per share on March 31 . 2014, and the Hall is preparing financial statements for the quarter ending March 31 . As regards this option, Hall, Inc, would report which of the following? a. A $30,000 realized gain b. A $30,000 unrealized gain c. A deferred gain of $29,800 d. Nothing would be reported in the financial statements or the notes thereto.

Business

In the recognition criteria for liabilities with uncertain amount and/or timing, "probable" is used in U.S. GAAP to refer to a threshold of likelihood—a rule of thumb used in practice is approximately _____ In IFRS, "probable" as recognition criterion for liabilities with uncertain amount and/or timing means approximately _____

a. 33%; 25% b. 51%; 51% c. 60%; 25% d. 80%; 51% e. 90%; 75%

Business

All of the following are recommended strategies for service recovery except

A. finding a fair solution. B. resolving problems quickly. C. listening to the customer. D. following procedural fairness when solving problems. E. silencing an irate customer.

Business

Two-part tariffs and threshold contracts can be used to counter double marginalization and increase agent effort in a supply chain

Indicate whether the statement is true or false.

Business