Forecasts Can Help a Manager to Do All of the Following

question 19

Multiple Choice

Forecasts can help a manager to do all of the following EXCEPT:

• A)reduce uncertainty in planning.
• B)design the system.
• C)plan the medium-term use of the system.
• D)schedule the short-term use of the system.
• E)predict the future precisely.

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Definitions:

Treasury Stock Approach

A method of accounting for repurchased shares of a company's own stock, treating them as treasury stock and reducing the company's equity.

Noncontrolling Interest

The portion of equity in a subsidiary not attributable to the parent company, representing outside investors' ownership.

Net Income

The total earnings of a company after subtracting all expenses from revenue.

Goodwill

The value attributed to a company's brand name, customer base, customer relations, employee relations, and patents or proprietary technology.