One of the Basic Questions That All Analysis Must Answer

question 16

Multiple Choice

One of the basic questions that all analysis must answer is whether they should focus on the ______ of public problems or examine policy actions that might ameliorate a pressing problem, but do nothing about its underlying causes.

• A) root causes
• B) proximate causes
• C) incremental causes
• D) factorial causes

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Definitions:

Financial Forecast

A prediction of future revenues, expenses, and profits of a company, used for budgeting and strategic planning.

Fixed Assets

Assets that are purchased for long-term use and are not likely to be converted quickly into cash, such as buildings, land, and machinery.

Pro Forma Financial Statements

Financial statements that project the financial position of a company, based on certain assumptions and typically used for future planning.

Sales Forecast

A sales forecast is the process of estimating future sales. Accurate sales forecasts enable companies to make informed business decisions and predict short-term and long-term performance.