FALSE It is more important now than ever that analysts consider companies' strategic uses of cash flows when creating high quality forecasts of future financial performance. Strategic uses of cash is not important to a financial analysts in making forecasts. A defensible forecast is one where the company forecasts are in sync with the investment thesis or story. Analysts must perform an in-depth Fundamental Analysis to make forecasts reflecting a basic understanding of the company. All forecasts should reflect an investment thesis, be it positive or negative