One can employ simulation models to
A)understand the project better.
B)better understand forecasted cash flows.
C)assess the project risk.
D)understand the project better, better understand forecasted cash flows, and assess the project risk.

Question

Quizplus · Accepted Answer

Simulation models can be used to simulate various scenarios and outcomes, which can help in understanding the project better, better forecasting cash flows, and assessing project risks. Therefore, the best choice is D, which includes all three options.

One Can Employ Simulation Models to