Which of the Following Is Not a Formula Auditing Tool

question 72

Multiple Choice

Which of the following is not a formula auditing tool?

• A)Trace Precedents
• B)Watch Window
• C)Calculation Options
• D)Trace Dependents

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Definitions:

Steps

A sequence of actions or procedures taken in order to achieve a particular end.

Jensen Portfolio Evaluation Measure

The Jensen Portfolio Evaluation Measure is a performance metric that assesses the return of an investment portfolio while adjusting for risk, comparing it to the expected return of the market with a given risk level.

CAPM

The Capital Asset Pricing Model is a theoretical framework that explains how the expected return on assets, especially stocks, is related to their systematic risk.

Measure of Return

A financial metric used to quantify the performance of an investment by assessing the gain or loss it generates.