May 19th, 2015
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New England College of Business and Finance
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FIS REVISION PAST PAPER QUESTIONS a) Discuss the benefits and the limitations of learning VBA as a modelling tool showing how it is related to excel. (10 marks)b) Describe any ten Arithmetic or logical excel functions used in Financial modelling. (10 marks).c) What is a financial model? Discuss the importance of financial modelling in business. (10 marks)2a) Discuss debugging in an excel model. Including a description of examples of errors that excel can detect for you. (10 marks)b) Describe the common ways of documenting an excel model (10 marks)3. You have an opportunity

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