Which of the Following Simulation Outputs Is Likely to Be

question 45

Multiple Choice

Which of the following simulation outputs is likely to be most useful and easy to interpret? The output that shows the distribution(s) of the project's

• A)sales.
• B)internal rate of return.
• C)cash flows.
• D)profits.

---

Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for financial reporting.

ASPE

Accounting Standards for Private Enterprises; a set of accounting principles used in Canada for privately held companies.

Historical Cost Principle

An accounting principle that assets should be recorded and presented in the financial statements at their original purchase cost.

Stable Unit

A financial assumption that the value of currency will remain relatively stable over time, affecting long-term economic projections.