Which of the Following Is a Possible Cause If a Model's

question 27

Multiple Choice

Which of the following is a possible cause if a model's outputs for certain inputs are not as expected

• A) The certain inputs may not be correct 
• B) The model could be too detailed of an approximation of the actual situation 
• C) The mathematics in the model are inadequate 
• D) The analyst's expectations are not correct

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Definitions:

Bank Charges

Fees assessed by a bank for its services or as penalties for not meeting specific account requirements.

Bank Statement Adjustment

Bank Statement Adjustment involves correcting discrepancies between a company’s accounting records and its bank account statement, to reflect the accurate amount of cash available.

Company Books Adjustment

Modifications or corrections made to the accounting records of a company to ensure their accuracy and completeness.

Deposit In Transit

Funds that have been received and recorded by a company but not yet credited by its bank, often seen in bank reconciliation processes.