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1. When should the Model Start Date be changed?
Whenever you open the file on a new day
When the model is subsequently updated with new assumptions
Never, it stays fixed for the long life of the model
2. Which of the following is not a valid number to use in the Number of Months in a Full Period?
3. What is the purpose of the Example Reporting Month?
To determine what month is the end of the period in the first column
No purpose – it is just an example
To determine the final period in the reporting year
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