Which of the Following Would Not Be a Probable Reason

question 31

Multiple Choice

Which of the following would not be a probable reason for choosing simulation as a decision-making tool?

• A) The situation is too complex for a mathematical model.
• B) There is a limited time in which to obtain results.
• C) Good results have been obtained in the past using simulation.
• D) Users are able to understand the model.
• E) All of these are probable reasons for choosing simulation.

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Definitions:

Warranty Expense

Costs that a company expects to incur under its product warranty promises for repairing or replacing defective products sold.

Employer's Payroll Taxes Expenses

Employer's payroll taxes expenses refer to the taxes that employers are required to pay on behalf of their employees, including social security, Medicare taxes, and federal and state unemployment taxes.

FICA Tax

Federal Insurance Contributions Act tax, a U.S. payroll tax deducted to fund the Social Security and Medicare programs.

FUTA Tax

The Federal Unemployment Tax Act tax, paid by employers to fund the unemployment account of the federal government.