The Distinction Between Simulation and Simple Computer-Based Training Is Blurring

question 81

True/False

The distinction between simulation and simple computer-based training is blurring due to advances in information technology.

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Definitions:

Rate Of Return

The increase or decrease in the value of an investment during a specific time frame, represented as a proportion of the original investment's price.

Investment

The allocation of resources, usually money, with the expectation of generating an income or profit.

Acid Test Ratio

A stringent indicator of a company's liquidity, measuring its ability to meet short-term obligations with its most liquid assets.

Current Liabilities

financial obligations that a company owes and is expected to pay within the next year or within its normal operating cycle if longer.