After Changing One or More Values in Your Constraints Table

question 50

True/False

After changing one or more values in your constraints table, you must click the Solve button in the Solver Parameters dialog box to "resolve" the problem because Solver is not included in the automatic recalculation that Excel performs when you change a cell in a worksheet. _________________________

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Definitions:

Convert

To change something into a different form or properties, often used in financial contexts such as converting currencies or securities.

Gain

An increase in the value of an asset or a decrease in the value of a liability which contributes to an increase in the owner's equity.

Loss

The financial state where expenses exceed revenues within a specific period.

Guaranteed Allowance

An allowance for doubtful accounts that a company anticipates as an expense, guaranteeing a certain value.