Which of the following statements about a "good" spreadsheet model is FALSE?
A) A good model is easy to understand.
B) A good model will always give the correct result.
C) A good model is easy to modify.
D) A good model has data entered in only one location.
E) A good model uses range names to make formulas easier to understand.

Question

Quizplus · Accepted Answer

While a good spreadsheet model should strive to be accurate, it is not always possible to guarantee that it will always give the correct result. Other factors, such as input data quality and formula complexity, can impact the accuracy of the model.

Which of the Following Statements About a "Good" Spreadsheet Model