Which of the Following Is Not One of the Desired

question 24

Multiple Choice

Which of the following is not one of the desired conditions for a successful model implementation

• A) The people who will run the model understand how to enter appropriate inputs 
• B) The people who will run the model are able to run what-if analysis 
• C) The people who will run the model are able to modify it 
• D) The people who will run the model are able to interpret the model's outputs correctly

---

Definitions:

Signed By The Principal

An act where the main party in a transaction or legal document formally endorses it, validating its terms or agreement.

Fiduciary Duty

The legal obligation to act in another party's best interest, often found in relationships involving trust, like between a lawyer and client or shareholder and company director.

Relationship Of Trust

A fiduciary association between parties, where one party places trust and confidence in another who has a duty to act for the former's benefit.

Secret Profit

Earnings or benefits gained by an individual, typically in a position of trust, without the knowledge or approval of those entitled to know about such gains.