Answer:
Option (B) is the correct answer of this question.
Step-by-step explanation:
Spreadsheet models are referred to as what-if models because they enable simple instant recalculation with simple-to-use, sophisticated mathematical and logical functions for a change of model inputs. Spreadsheet models is a software that was built to replicate the direction a device accurately simulates time.
- This utilizes statistical models and equations to anticipate what might be likely to result on the basis of empirical data as to what occurred in the background.
- A table of estimates or forecasts which are focused on a range of presuppositions.
Other options are incorrect because they are not related to the given scenario.