Questions and Topics We Can Help You To Answer:
Assume you just received your MBA and now works as an assistant to the CFO of a large corporation. You have been asked by the CFO to prepare a financial forecast for the coming year, using an Excel model, and then to present your forecast to the executive officers. Describe how you will deal with one or more of the following issues:
e. What does the acronym GIGO stand for and how important is this for someone who is developing a financial model? How might post-audits and incentive compensation plans help reduce GIG provide examples of tools to reduce GIGO?
provide examples of tools to reduce GIGO?