Question 1 of 3

Question

1. Why do we need a timing sheet?

Answer 1

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 2

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

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 worksheets, more rows

Answer 6

Fewer rows, more worksheets

Answer 7

It depends

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

Question 1 of 3

1. Why do we need a timing sheet?

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

3. Which of the following statements is correct?