Which of the Following Is a Forecasting Method Used to Project

question 25

Multiple Choice

Which of the following is a forecasting method used to project financial statements?

• A) percent-of-sales method
• B) percent-of-expenses method
• C) GNP-ratio method
• D) a and b
• E) a, b, and c

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Definitions:

Need to Belong

The need to belong is a fundamental human motivation to form and maintain strong, stable interpersonal relationships.

Trait Self-control

The personality characteristic that involves the ability to regulate one’s thoughts, feelings, and behaviors to achieve long-term goals.

Universal

Applicable everywhere or in all cases; general or widespread in nature.

Cultures

The shared beliefs, practices, norms, and values of a group of people that shape their behavior and interactions.