Which of the Following Statements Is False Regarding the Process

question 37

Multiple Choice

Which of the following statements is false regarding the process of preparing a sales forecast?

• A) It usually starts with last year's level of sales.
• B) General economic trends are often considered.
• C) Since it involves estimates of future events, accuracy is of little importance.
• D) The larger the size and complexity of an organization, the more complex their sales forecasting system will be.

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Definitions:

Various Options

Referring to a range of different choices or alternatives.

Utilitarian/Consequentialist Theory

A theory in ethics emphasizing that the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.

Euthanasia

Euthanasia is the practice of intentionally ending a life to relieve pain and suffering, often involving ethical and legal debates around the right to die.

Consequentialism

An ethical theory that holds that the consequences of one's conduct are the ultimate basis for any judgment about the rightness or wrongness of that conduct.