The Logic in a Simulation Model Is Presented Graphically Through

question 35

Multiple Choice

The logic in a simulation model is presented graphically through which of the following?

• A)scatterplot
• B)flowchart
• C)blueprint
• D)decision tree
• E)None of the above

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Definitions:

Strategic Plans

Long-term goals and objectives of an organization, along with the action plan to achieve them, focusing on overall direction and long-term growth.

Cash Budget

A financial plan that outlines expected cash inflows and outflows over a specific period, including income and expenses.

Program Budgeting

A method of budgeting in which all expenses must be justified for each new period, focusing on programs and activities instead of traditional line items.

Responsibility Accounting

A financial recording system that accumulates, consolidates, and presents finance-related data pertaining to the obligations of specific managers or units.