Excel has the ability to protect files, workbooks, and sheets. File protection can limit

access to the file itself to only certain users. Workbook protection can protect the

structure of the workbook. Finally, sheet protection can allow the user to specify

which cells in a sheet are protected.

Which statement below most accurately reflects our view on protecting financial

models?

File protection can be managed by controlling access to online folders, but

workbooks and sheets should be protected in Excel.

File protection and sheet protection in Excel should be used, but protecting the

workbook structure is usually not necessary.

File protection and workbook protection in Excel should be used, but protecting the

sheets is usually not necessary.

File protection, workbook protection, and sheet protection should always be used in

Excel.

Excel has the ability to protect files, workbooks, and sheets. File protection can limit

access to the file itself to only certain users. Workbook protection can protect the

structure of the workbook. Finally, sheet protection can allow the user to specify

which cells in a sheet are protected.

Which statement below most accurately reflects our view on protecting financial

models?

File protection can be managed by controlling access to online folders, but

workbooks and sheets should be protected in Excel.

File protection and sheet protection in Excel should be used, but protecting the

workbook structure is usually not necessary.

File protection and workbook protection in Excel should be used, but protecting the

sheets is usually not necessary.

File protection, workbook protection, and sheet protection should always be used in

Excel.