Which of the Following Statements Is FALSE About Good Forecasts

question 95

Multiple Choice

Which of the following statements is FALSE about good forecasts?

• A)They should be easy to interpret so that users have confidence in the forecasts.
• B)The costs of preparing the forecasts should outweigh its benefits.
• C)Any deviations from actual demand should be small.
• D)They should be available within a reasonable timeframe.

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Definitions:

Equity Interest

Ownership interest in a company, represented by the equity or shares held by investors.

Mutual Agreement

A consensus reached by two or more parties where the terms of an engagement or deal are accepted by all involved.

Limited Life

Refers to the finite existence of certain assets, indicating they will only last for a specific period before ceasing to be useful.

Prime-Time Television

The time period in the evening when television viewership is at its highest and networks air their most popular programs.