Spreadsheet models are referred to as what-if models because they
A)are mathematical and logic-based models.
B)allow easy instantaneous recalculation for a change in model inputs.
C)come preloaded on computers.
D)have specialized functions to perform detailed analysis.

Question

Quizplus · Accepted Answer

Spreadsheet models are called what-if models because they allow easy and instantaneous recalculation for a change in model inputs, which allows the user to test different scenarios or assumptions and see the potential impact on the output of the model. The other answer choices are not entirely accurate descriptions of what-if models.

Spreadsheet Models Are Referred to as What-If Models Because They