Which of the Statements Below Is FALSE

question 94

Multiple Choice

Which of the statements below is FALSE?

• A)A company can take a simple approach to estimating next year's growth in revenue by taking just the prior year's growth rate.
• B)A company can take a simple approach to estimating next year's growth in revenue by having a number of departments supply input.
• C)A company can take a simple approach to estimating next year's growth in revenue by using the average dollar increase in sales from the past two years.
• D)A company can take a simple approach to estimating next year's growth in revenue by averaging the previous two years' annual growth rates.

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Definitions:

Supply of Capital

Supply of Capital refers to the total amount of capital—whether in the form of cash, assets, or investments—available in the market for investment purposes.

Rental Price

The cost associated with renting a property, such as an apartment, house, or piece of equipment.

Concrete Workers

Individuals specialized in working with concrete, mixing, forming, and finishing surfaces and structures.

Wage

The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, received by an employee from an employer in exchange for work done.