When We Run Simulation,the @RISK Automatically Keeps Statistics Such as Averages

question 35

True/False

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.

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Definitions:

Capital Cost Allowance

A form of tax depreciation that allows businesses in Canada to deduct the cost of a depreciable property over several years.

Cash Operating Costs

Expenses associated with the day-to-day operations of a business that are paid out in cash.

Tax Rate

The percentage at which an individual or corporation is taxed by a government entity.

Managerial Decision

The process of making choices by setting goals, gathering information, and assessing alternative occupations.