Which of the following statements about financial planning models (FPMs) is (are) false?
A. FPMs have become less popular in recent years because of computers and spreadsheets.
B. FPMs express a company's financial and operating relationships in mathematical terms.
C. FPMs allow a user to explore the impact of changes in variables.
D. FPMs are commonly known as "what-if" models.
E. Both FPMs are commonly known as "what-if" models and FPMs have become more popular in recent years because of computers and spreadsheets.
Answer: A
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