Definitions and evidence
Keep observations, assumptions and calculated results distinct.
- Observed information
- A fact reported by an identified source, with its original scope and limitations.
- Planning assumption
- An input chosen for a specific model case. It is not a guarantee of future results.
- Calculated output
- A result produced by formulas from the inputs and calculation structure.
- Operating format
- A defined way of delivering goods or services, with a paying unit and a capacity boundary.
How to use an assumption
Check its unit, period, currency, geography and tax treatment. Replace it with evidence for your own intended operation, then review the linked results.
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