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.
b
RATIONALE: Spreadsheet models are referred to as what-if models because they allow easy instantaneous recalculation for a change in model inputs using easy-to-use, sophisticated mathematical and logical functions.
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Answer the following statement true (T) or false (F)
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