Which of the Following Statements Is True of Simulators Used

question 100

Multiple Choice

Which of the following statements is true of simulators used in training?

• A) They must have elements identical to those found in the work environment.
• B) They cannot be used when the risks of a mistake on a job are great.
• C) They are used for on-the-job training.
• D) They are inexpensive to develop.
• E) They do not need constant updating.

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Definitions:

Acquisition

The act of obtaining control of another company or asset through purchase or exchange.

Merger Premium Per Share

The additional amount paid over the current market price of a company's shares during a merger or acquisition, reflecting the value the acquiring firm expects to gain.

Market Price

The current market price for buying or selling a service or asset.

Net Present Value

A calculation used to assess the profitability of an investment or project by summing the present values of all cash inflows and outflows associated with it.