Which of the Following Is NOT One of the Steps

question 9

Multiple Choice

Which of the following is NOT one of the steps in the five-step approach managers should employ to combine nominal and real forecasts?

• A)Build financial statements in real terms.
• B)Build financial statements in nominal terms.
• C)Forecast operating performance in nominal terms.
• D)Forecast the future free cash flows in real and nominal terms from the projected income statements and balance sheets.

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Definitions:

Inferential Statistics

Statistical methods that allow researchers to make conclusions about populations based on samples.

Mathematical Statistics

The application of mathematics to the collection, analysis, interpretation, and presentation of numerical data.

Descriptive Statistics

Statistical procedures that summarize, organize, and simplify data in order to describe its main features.

Correlational Statistics

Mathematical methods used to measure and describe the relationship between two variables.