Which One of the Following Statements Regarding Low-Fidelity Simulations Is

question 11

Multiple Choice

Which one of the following statements regarding low-fidelity simulations is NOT correct?

• A) Low-fidelity simulations should not be used as part of an employee selection system.
• B) Low-fidelity simulations can be as valid as high-fidelity simulation.
• C) Low-fidelity simulations are expensive to use.
• D) Low-fidelity simulations require the use of role players and assessors.

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Definitions:

Sales-Type Leases

Leases where the lessor recognizes immediate profit on the transaction, similar to a sale, typically in equipment or vehicle leasing.

Direct-Financing Leases

Direct-Financing Leases are lease agreements where the lessor essentially acts as a financier, purchasing an asset and leasing it to the lessee, without assuming risk of ownership.

Capital Lease

A lease classified as a financial transaction where the lessee effectively buys an asset and finances it over the lease term.

Operating Lease

An agreement that permits the utilization of an asset without owning it, usually with a shorter duration than a finance lease.