Which of the Following Statements About a "Good" Spreadsheet Model

question 22

Multiple Choice

Which of the following statements about a "good" spreadsheet model is FALSE?

• A) A good model is easy to understand.
• B) A good model will always give the correct result.
• C) A good model is easy to modify.
• D) A good model has data entered in only one location.
• E) A good model uses range names to make formulas easier to understand.

---

Definitions:

Modified Rebuy

A buying situation in which the customer’s needs change slightly or they are not completely satisfied with the product they purchased.

Straight Rebuy

A purchasing situation in which a business buyer reorders a product or service from the same supplier without modifications.

Bigger Office

An expansion of workspace typically sought by growing companies to accommodate increased staff, operations, or resources.

Opinion Leader

An individual who influences the opinions, attitudes, or behaviors of others through their expertise, knowledge, or social position.