Quiz Ch 16 – T/F The Interplay of Sales, Costs, and Income Forecasts

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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True or false: Mistakes in the sales forecast can be balanced out by corresponding errors in cost and income forecasts. Therefore, as long as these errors remain relatively small, sales forecast precision may not be of utmost importance to the organization.

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  • Search Terms: a. b. false true accuracy and are as be by can costs critical errors firm. forecast forecasts. in income is large, long not offset sales similar the thus, to
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