Why Is It Usually Best to Supplement the Ratio,scatter Plot,and

question 37

Multiple Choice

Why is it usually best to supplement the ratio,scatter plot,and trend forecasting methods with managerial judgment?

• A)because judgment forecasting is the most accurate method
• B)because historical trends and relationships can change
• C)because top-down approaches need analytical validation
• D)because firms need to keep their fingers on the pulse of their labor markets

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