Use the Information Below to Answer the Following Questions

question 15

Multiple Choice

Use the information below to answer the following questions.
Jackson Bottle Yard, a recycling glass company, has supplied the following information in relation to their actual sales in 2015 and planned sales for the first quarter of 2016. Past records indicate that expected receipts collected from debtors will be: 60 per cent in the month of sale
40 per cent in the month following the sale
-In real-world studies on budgeting, it has been found that:

• A) inaccurate forecasting has no effect on share price.
• B) most companies hit their forecast targets.
• C) forecasting is a waste of a company's time.
• D) companies with accurate forecasts are rewarded by higher share prices.

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Definitions:

Harlem Riot

A series of violent outbreaks in the Harlem neighborhood of New York City, notable ones occurring in 1935, 1943, and 1964, largely as responses to racial tensions and discrimination.

Fred Korematsu

An American civil rights activist who resisted the internment of Japanese Americans during World War II and whose legal case against the U.S. government led to significant discussions on civil liberties.

Military Necessity

A legal and ethical principle justifying measures that are necessary to achieve a legitimate military objective and that are not otherwise prohibited by international humanitarian law.

Soviet Union's Declaration

A formal announcement or statement made by the Soviet Union, which could pertain to policy, intent, or ideology during its existence from 1922 to 1991.