All of the Following Are True Regarding the Key Principles

question 63

Multiple Choice

All of the following are true regarding the key principles of forecasting except:

• A) Financial statement forecasts need not be comprehensive.
• B) Forecasts should not manifest wishful thinking.
• C) Financial statement forecasts must be internally consistent.
• D) Financial statement forecasts must rely on assumptions that have external validity.

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Definitions:

Compensated

Refers to receiving payment or remuneration for a service or job done.

Usability Test

an assessment method used to evaluate how easily end users can interact with and navigate a product, system, or service.

Special Software

A type of software designed for a specific task or set of tasks, often tailored to the needs of specific industries or users.

Cognitive Walk-Through

A usability evaluation method in which the ease of learning of a product or system is examined through a series of steps simulating user interaction.