Which of the Following Statements Is Not True

question 58

Multiple Choice

Which of the following statements is not true?

• A)forecasting sales is the first step in creating projected financial statements
• B)forecasting sales tends to be more accurate for mature ventures than for early-stage ventures
• C)forecasting sales is relatively unimportant for early-stage ventures that have little historical financial data
• D)forecasting sales should consider the likely impact of major operating changes

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