A Model Whose Realization Is Within the Computer Is Called

question 40

True/False

A model whose realization is within the computer is called a concrete model.

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Definitions:

Accounting Information System

A system of collecting, storing, and processing financial and accounting data that is used by decision makers.

Relevant

Pertains to information or factors that are directly related to the decision-making process.

Timely

Refers to something being done or occurring at a favorable or appropriate time.

Trade-Off

The concept of sacrificing one aspect or feature in order to gain another, often used in discussions of decision-making where competing objectives must be balanced.