Which of the Following Statements Is FALSE

question 3

Multiple Choice

Which of the following statements is FALSE:

• A)Time Series forecasting is based on the assumption that the future is an extension of the past
• B)Cause-and-Effect forecasting assumes that one or more factors are related to demand and,therefore,can be used to predict future demand
• C)All quantitative methods become less accurate as the forecast's time horizon increases
• D)It is generally not recommended to use a combination of both quantitative and qualitative methods

Understand how to use aged receivables to estimate the allowance for doubtful accounts.

Learn how to calculate and interpret accounts receivable turnover ratios.

Understand the procedures and accounting treatment for notes receivable, including interest calculation, maturity dates, and dishonored notes.

Familiarize with concepts of cash equivalent value of receivables, including discounting of receivables.

---

Definitions:

Major Organic Product

The principal product formed in the highest yield during a chemical reaction involving organic compounds.

Diene

A compound of organic nature featuring two double bonds, frequently participating in the processes of polymerization and various chemical reactions.

Dienophile

A compound that acts as an electron-deficient partner in Diels-Alder reactions, typically possessing a carbon-carbon double or triple bond.

Continuous Variable

A variable that can assume an infinite number of values within a given range, representing quantities that can be divided into smaller increments.