Which of the Following Would Not Be Considered a Main

question 24

Multiple Choice

Which of the following would not be considered a main advantage of simulation?

• A)It permits experimentation with the system
• B)It generates an optimal solution
• C)It compresses time
• D)It can serve as a training tool
• E)All of the above are advantages

---

Definitions:

Historical Cost

The original monetary value of an asset or investment, without adjusting for inflation or appreciation over time.

Revenue Recognition

The accounting principle that determines the specific conditions under which income becomes realized as revenue.

Feedback Value

The information obtained from assessing a decision or process that is used to make improvements or adjustments.

Relevance

A characteristic of financial information that is capable of making a difference in the decisions made by users.