Which of the Following Statements Is TRUE About a Good

question 30

Multiple Choice

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

• A) A good model is easy to understand.
• B) A good model is easy to debug.
• C) A good model is difficult for users to modify.
• D) A good model doesn't use borders and shading.
• E) A good model is easy to understand and a good model is easy to debug.

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Definitions:

CME Weather Futures

Financial derivatives traded on the Chicago Mercantile Exchange that allow for hedging or speculation on weather-related risks.

Cash-Settled Contract

A financial agreement where the difference in the value of a contract is exchanged in cash rather than through physical delivery of goods or assets.

Agricultural Contract

A contract for the future sale or purchase of agricultural products, such as crops or livestock.

Financial Future

A contract to buy or sell a specified asset at a predetermined price at a specified time in the future, often used to hedge risk or speculate.