Which of the Following Is True About a Time-Driven Simulation

question 55

Multiple Choice

Which of the following is true about a time-driven simulation of a bank?

• A)arrival times are obtained from an input file
• B)transaction times are obtained from an input file
• C)currentTime is incremented by 1 to simulate the ticking of a clock
• D)no action is required between events

---

Definitions:

Oral Statements

Spoken words that can convey promises, intentions, or information, which may or may not be legally binding depending on the context.

Joint Stock Company

A business entity where ownership is shared through the issuance of shares, allowing for the capital to be collectively raised by shareholders.

Corporation

A legal entity that is separate and distinct from its owners, which can own property, incur debt, sue and be sued.

Partnership

A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a partnership agreement.