Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is true about forecasts? fo

Which of the following is true about forecasts? Forecasts present what management believes would occur...

80.2K

Verified Solution

Question

Accounting

Which of the following is true about forecasts?

Forecasts present what management believes would occur based on hypothetical assumptions in a "what if" scenario.

Forecasts present managements expected future results based on externally-provided hypothetical assumptions.

Forecasts present managements expected future results based on certain conditions and courses of actions which management believes will occur.

Forecasts present managements expected future results based on internally-provided hypothetical assumptions.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the average rate of change of f x 6x 7 on the interval 4...

Geometry
Q

What is a heterozygous B-thalassemia? Question 10 (Mandatory) (1 point) A serum ferritin level on a patient...

Biology
Q

Choose one public policy in United States topic that you think is important for today's society....

Psychology
Q

How does firm reaction speed and detection lag impact the sustainability of cooperative pricing? Why? Examples.

General Management
Q

36 Choose the correct alternative 1 When plane polarised light passes through polaroid it changes...

Physics
Q

Find the area of each composite figure All curves are circular arcs with centers shown...

Basic Math
Q

Complete the following probability distribution table Probability Distribution Table X 1 13 58 62 P...

Statistics
Q

5 sin 38 42

Algebra
Q

Using the above information, how much would you pay for a...

Accounting
Q

JSH Inc. makes a unit called CC. CC has a standard of 2 yards of...

Accounting
Q

yes Homework: Chapter 03 Homework Score: 0 33 of 2 pts 1or52 E3-15A (similar to)...

Accounting
Q

32. Paul invirti $25,000 en una anualidad diferida no calificada a la edad de 47...

Accounting