Which of the Following Are Benefits of Financial Models to Users

question 45

Multiple Choice

Which of the following are benefits of financial models to users?

• A)Users can use the model for business purposes without becoming overwhelmed by the related number crunching.
• B)Models allow an organization to study the impact of a possible business action by reviewing the potential results before taking action.
• C)Models help managers identify a bad project or decision ahead of time,before it negatively impacts the company involved.
• D)All of the answers are correct.

---

Definitions:

Abbreviated Word

A shortened form of a word or phrase, typically used to save space or time in written communication.

Correction Symbol

Marks or notations used to indicate errors and suggest changes in written text.

Assignment Instructions

Detailed guidelines or steps provided to complete a specific task or project.

Assign

To allocate a task, duty, or responsibility to a person or group.