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1. (TCO 1) Which one of the following is not a benefit of budgeting? (Points : 5) It facilitates the coordination of activities. It provides definite objectives for evaluating performance. It provides assurance that the company will achieve its objectives. It provides early warning signs of potential threats 2. (TCO 2) Which of the following is not a qualitative forecasting method? (Points: 5) Executive opinions Sales force polling Delphi method Classical decomposition 3. crco 3) Which of the flloing statements regardling tihe t-statisti is true? Points 5) The t-statistic cannot be negative. The t-statistic measures how many standard errors the coefficient is away from the independent variable. The higher the t-value, the more confidence we have in the coefficient. Low t-values indicate high reliability