Multiple Choice Question

The percent$-$of$-$sales method for financial forecasting

assumes balance sheet accounts maintain a constant relationship to sales.

provides a month$-$to$-$month breakdown of the data.

is the most difficult method to use because it requires tracing cash & accounting flows.

is more exacting than the systems approach.Multiple Choice Question

The percent$-$of$-$sales method for financial forecasting

assumes balance sheet accounts maintain a constant relationship to sales.

provides a month$-$to$-$month breakdown of the data.

is the most difficult method to use because it requires tracing cash & accounting flows.

is more exacting than the systems approach.