When we run simulation, the @RISK automatically keeps statistics such as averages and standard deviations, and can also create graphs such as histograms based on the values generated in the output cells in the simulation model
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $69,000 and $2500, respectively. During Year 2, Kincaid reported $180,000 of credit sales, wrote off $1600 of receivables as uncollectible, and collected cash from receivables amounting to $210,100. Kincaid estimates that it will be unable to collect one percent (1%) of credit sales.What effect will the entry to recognize the uncollectible accounts expense for Year 2 have on the elements of the financial statements?
A. Decrease total assets and increase retained earnings. B. Decrease total assets and net income. C. Increase total assets and decrease net income. D. Increase total assets and retained earnings.
A gift of $1,000,000 to a city, to be invested permanently, with the proceeds to be used to maintain the city war memorials should be accounted for in a special projects fund.
Answer the following statement true (T) or false (F)
What is the difference between reliability and validity?
What will be an ideal response?
Reducing the business process layers in a distribution channel is called:
A) disintermediation. B) BPR. C) market segmentation. D) network effects. E) dynamic pricing.