Modeling Best Practices There are various best practices when it comes to entering data. Which of the following is a best practice for financial model inputs? Always lock input cells Document every change to the model Use complex calculations to minimize space in the model Data should only be entered once

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter11: Capital Budgeting And Risk
Section: Chapter Questions
Problem 7QTD
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Modeling Best Practices
There are various best practices when it comes to entering data.
Which of the following is a best practice for financial model inputs?
Always lock input cells
Document every change to the model
Use complex calculations to minimize space in the model
Data should only be entered once
Transcribed Image Text:Modeling Best Practices There are various best practices when it comes to entering data. Which of the following is a best practice for financial model inputs? Always lock input cells Document every change to the model Use complex calculations to minimize space in the model Data should only be entered once
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