Question: 4 What is the biggest benefit to using computers in preparing forecasts? Multiple Choice Computers will not identify forecasts that are inaccurate or misleading. Computers

4
What is the biggest benefit to using computers in preparing forecasts?
Multiple Choice
Computers will not identify forecasts that are inaccurate or misleading.
Computers are not widely used to create forecasts as the data required must be timely.
The ability to develop and revise forecasts quickly
To be used as a back-up in case the manual system fails.
To check the validity of manual forecast calculations
4 What is the biggest benefit to using computers in preparing

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Given a bond with the following features, what is the bond's YTM? Maturity 5 years. Coupon Rate 5% Face Value $1,000 Annual Coupon Price $1,005 4.88% 4.44% 5.37% 4.98%

Q:

Please provide summary of the above text (More than 3000 words) **There should be no plagiarism. If you provide wrong solution then i will dislike and report you abusive and spam. Don't waste my...

Q:

Assignment #2 - Converting from the REA Model to the Logical Model Background You have been assigned to work for a company in the following industry below: Last names starting with letters A - E:...

Q:

think about what procedural changes would have the biggest positive impact, without being excessively costly for our lab members at every level (including undergrads!). Reference: the Lab Data Check...

Q:

Assessment Investigate and discuss the importance of review and evaluation of financial performance planning monitoring. Assessment description This assessment requires candidates to answer the...

Q:

I have attached both the chapters from which you will be answering the following question. Ch 8 (p 387 of text or p 35 of the pdf) ?Exercise D. Prepare the bank reconciliation and any required...

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

The purpose of this assignment is to encourage and allow critical engagement with recent topics in the field of Not-for-Profit and Government Accounting and how these structures play out in our...

Q:

The purpose of this assignment is to encourage and allow critical engagement with recent topics in the field of Not-for-Profit and Government Accounting and how these structures play out in our...

Q:

The Final Paper demonstrate of the reading as well as the discussion ponts. The purpose of this assignment is to the concepts studied in this into a cohesive and paper. The Final Paperwill be titled...

Q:

The following financial information is related to Wild horse Group, a service company....... Revenues 912,000 Income from continuing operations 114,000 Comprehensive income 136,800 Net income 102,600...

Q:

How can a reader of the financial statements determine how the company's current assets are valued?

Q:

14 Work out an expression for the nth term of each sequence. b 7, 4, 1, 2,... a 7, 6, 5, 4,... 7,0,-7,-14,...

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...