Which of the Following Statements About Forecasting Is False

question 57

Multiple Choice

Which of the following statements about forecasting is false?

• A) When the environment is more stable, forecasting is less complex than in unstable times.
• B) Quantitative (statistical) methods are by far preferable to non-quantitative methods for forecasting.
• C) Forecasting involves approximations, not certainties.
• D) The accuracy of information available affects the quality of the forecast
• E) The longer the time horizon, the more accurate the information used for forecasting.

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Definitions:

Anabolism

The metabolic process in living organisms that synthesizes complex molecules from simpler ones, often requiring energy.

Monosaccharide

The simplest form of carbohydrates, consisting of a single sugar molecule, such as glucose or fructose.

Disaccharide

A type of sugar formed by the combination of two monosaccharides, such as lactose and sucrose.

Polysaccharides

Complex carbohydrates formed from chains of monosaccharides, playing critical roles in energy storage and structural functions in living organisms.