Why do we need a timing sheet?

Answer 1

This is a place to store the start date of the model

Answer 2

This is a place to store the start dates, end dates and counter (known as a time series) to be used in forecasting models. All data entry should occur once only and be clearly defined

Answer 3

This is to be used for estimating how long it will take to build a financial model.

Answer 4

Don’t know

Answer 5

Fewer rows, more worksheets

Answer 6

It depends

Answer 7

Fewer worksheets, more rows

Answer 8

Don’t know

Answer 9

All data entry should only occur once and be clearly defined

Answer 10

It is often better to try to modify an unrelated existing model than to build a model from scratch.

Answer 11

The general layout for a financial model would normally show the inputs on the same worksheet as the Financial Statements

Answer 12

Don’t know

Why do we need a timing sheet?

When designing workbook structure, is it better to have more worksheets with fewer rows or fewer worksheets with more rows?

Which of the following statements is correct?