Cost Management Pitfalls: the Top 6 Spreadsheet Errors

1. Hard coding in a formula: one or more numbers appear in formulas
2. Reference: formula contains one or more incorrect references to other cells
3. Logic: formula not used correctly causes incorrect result
4. Copy/paste: formula wrong after inaccurate copy/paste
5. Omission: formula wrong because one or more of its input cells is blank
6. Data input: incorrect data used

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