Exam 4: Theart of modeling with spread sheets

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Which of the following is an appropriate first step when building a spreadsheet model?

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It is better to use power functions in Excel to complete a calculation in a single cell than to spread out a calculation over many cells using simpler formulas

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The Plan-Build-Test-Analyze process should always be followed step-by-step,from beginning to end: Plan then Build then Test then Analyze

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Which of the following should be entered first when building a spreadsheet model?

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When testing a spreadsheet model by entering values in the changing cells,which of the following are appropriate values to enter?

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An absolute reference does not change when it is filled or copied into other cells

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Which of the following is not a part of the planning step when building a spreadsheet model?

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Data should be repeated within every output cell as needed

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Which of the following is not a major step in the process of modeling with spreadsheets?

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An advantage of the long-term loan for Everglade is that it has a lower interest rate than the short-term loan

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Which of the following tips can be helpful when you can't figure out what formula needs to be entered in an output cell?

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