An accountant accepts a new job as a forecasting analyst at the Rhett Company and is exploring different forecasting techniques. Which of the following is most likely to be true about forecasting models?

Options:

	The analyst should always consider factors such as cyclicality and seasonality when analyzing model results.
	Forecast models are often based on historical data, which can include moving averages and exponential smoothing techniques.
	Forecast models with sensitivity analysis functions allow the user to evaluate multiple scenarios by changing the input variables.
	All of the above statements are true.

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