Which of the Following Is Not True

question 59

Multiple Choice

Which of the following is not true?

• A) The sales forecast is done before the sales budget.
• B) The master budget is the comprehensive plan for the organization as a whole.
• C) The production budget is prepared in units and dollars.
• D) One approach to forecasting sales is the bottom-up approach.
• E) In creating the sales forecast, outside factors such as the state of the economy, should be considered.

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Definitions:

Motivated Forgetting

A theoretical process in which individuals may unconsciously block memories of traumatizing or negative experiences.

Misinformation Effect

The phenomenon that occurs when a person's recall of episodic memories becomes less accurate because of post-event information.

Spacing Effect

The phenomenon that information is better retained when study sessions are spaced out over time rather than crammed in a short period.

Source Amnesia

A memory disorder where an individual can remember certain information but is unable to recall how, when, or where they learned it.