Which of the Statements Below Is FALSE

question 11

Multiple Choice

Which of the statements below is FALSE?

• A)A key element in a sales forecast is that the timing of the sale and the cash inflow from the sale often happen at different times.
• B)The amount and timing of sales are usually provided by the finance department.
• C)We start the process of building a cash forecast with predicting the cash inflow from future sales: a sales forecast.
• D)The time when a sale is recorded is often different from the time cash is actually received.

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