Spreadsheet models are referred to as what-if models because they a. come preloaded on computers. b. allow easy instantaneous recalculation for a change in model inputs. c. are mathematical and logic-based models. d. have specialized functions to perform detailed analysis.

Option (B) is the correct answer of this question.

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.

Other options are incorrect because they are not related to the given scenario.