Which of the Following Are True Concerning Forecasting Interest Income

question 10

Multiple Choice

Which of the following are true concerning forecasting interest income?
I.It is a nonoperating measure.
II.Its typical forecast driver is revenue.
III.It is typically the same from year to year for firms that generate high cash flow.
IV.The typical forecast ratio is interest income in the current period divided by excess cash in the previous period.

• A)I and II only.
• B)I and IV only.
• C)II and III only.
• D)III and IV only.

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Definitions:

Social Facts

Durkheim's concept referring to the values, cultural norms, and social structures that transcend the individual and can exercise social control.

Pathological Societies

Societies characterized by social norms or behaviors that are destructive or dysfunctional for the community or its members.

Forced Division

The artificial separation of people or groups by imposed barriers or criteria, often with negative connotations.

Labor

Human effort, either physical or mental, expended in the production of goods and services.