Which of the following statements is NOT true regarding?forecasting? A. Forecasting is the art and science of
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Question:
Which of the following statements is NOT true regarding?forecasting?
A. Forecasting is the art and science of predicting futureevents.
B. Forecasting is exclusively an objective prediction.
C. Forecasting may involve taking historical data and projectingthem into the future with a mathematical model.
D. A forecast is usually classified by the future time horizonthat it covers.
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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