Question: Documentation for models should show: a. What premises were used in devel- oping the model. b. The degree of uncertainty associ- ated with the assumptions.

Documentation for models should show:

a. What premises were used in devel- oping the model.

b. The degree of uncertainty associ- ated with the assumptions.

c. The restrictions on the scope of the model.

d. All of the above.

e. None of the above.

Step by Step Solution

3.46 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The answer is d All of the above Good model documentation should ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Internal Auditing Questions!