Question: An effective forecast model must be based on a thorough understanding of a company's business, management, strategy, external environment, and historical results. True False For

An effective forecast model must be based on a thorough understanding

of a company's business, management, strategy, external environment, and historical results. True

An effective forecast model must be based on a thorough understanding of a company's business, management, strategy, external environment, and historical results. True False For most companies, financial modeling begins with the statement of cash flows. True False

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