Desk-Checking Is the Process of Using Sample Data to Walk

question 5

True/False

Desk-checking is the process of using sample data to walk through each of the steps in the algorithm manually to verify that it is a correct solution to a problem.

---

Definitions:

Valuation Model

A framework or methodology used to determine the fair value of an asset, business, or investment based on its fundamentals and future earning potential.

FCFE

Free Cash Flow to Equity (FCFE) is the amount of cash available for distribution to shareholders after all expenses, reinvestment, and debt payments have been made.

Intrinsic Value

The actual, inherent value of a financial asset, determined through fundamental analysis without considering its market price.

Per Share FCFE

Free Cash Flow to Equity (FCFE) calculated on a per-share basis, indicating the amount of cash available to shareholders per share.