The Primary Difference Between Simulation Models and Other Types of Spreadsheet

question 8

Multiple Choice

The primary difference between simulation models and other types of spreadsheet models is that simulation models contain ____:

• A) deterministic inputs 
• B) random numbers 
• C) output cells 
• D) constraints

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Definitions:

Capital Lease

A lease agreement that designates the lessee (the party leasing the asset) as the owner for accounting purposes, and it generally spans a significant portion of the asset's life.

Accounting Purposes

The rationale or objective behind various accounting practices, often to comply with regulatory requirements or to provide clear financial information.

Lease Term

A fixed period during which a lessee has the right to occupy or use a leased asset.