INTEGRATED FINANCIAL MODEL Definition

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INTEGRATED FINANCIAL MODEL is normally a spreadsheet based financial model that integrates all projected revenues and costs from all activity into financial performance pro-forma projections over time. Dependent upon the complexity of the model, the output can be at a very high level (non-complex) to highly granular output (higher degree of complexity).

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VERIFIABILITY is where the fact is capable of being tested (verified or falsified) by experiment or observation.

FOOTNOTES see NOTES TO THE FINANCIAL STATEMENTS.

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