When forecasting Other Income$/($Expense$),$ which of the following statements are true?

Select all that apply

Other Income$/($Expense$)$ is the same as Other Operating Expense $($or Income$)$; there is no important

distinction to make when we consider how to forecast each in reality

Items like interest income might reasonably be forecast as a percentage of sales IF the company is

earning interest from short$-$term investments used to "park" cash that is to be used in support of

operations, and tying this activity to the scale of operations

Even if these are non$-$operating activities, if they typically move with the size of the firm or the scale

of operations, they can be reasonably forecast as a percent of sales

It is never reasonable to forecast these as a percent of sales in reality; we only do this for simplicity