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Keywords: Monte Carlo analysis
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Journal Articles
Journal:
Issues in Accounting Education
Issues in Accounting Education (2022) 37 (2): 67–89.
Published: 01 May 2022
... cash flows if the project is accepted, comparing those cash flows to a model of cash flows if the hotel continues without renovation. Third, we introduce Monte Carlo analysis, which is an advanced technique for assessing uncertainty. The extensive data students use in this case are from an actual hotel...
Includes: Supplementary data