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1. Who should benefit from the Financial Model adhering to the ‘KISS’ principle – the model builder or the model user?
2. Why should data entry be input only once into the model?
To avoid incorrect calculations
If the data is required to be changed then it will only need to be changed in one place.
It takes up space in the model
3. CRaFT is the acronym to support the four ideal principles of a Best Practice model. Which of these is not an attribute of CRaFT?
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