The Projected Balance Sheet Method of Forecasting Is Based on Which

question 108

Multiple Choice

The projected balance sheet method of forecasting is based on which of the following assumptions?

• A) All balance sheet accounts are tied directly to sales.
• B) Most balance sheet accounts are tied directly to sales.
• C) The current level of total assets is optimal for the current sales level.
• D) Answers a and c above.
• E) Answers b and c above.

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