Which of the following statements is incorrect regarding sales forecasting? * O It may involve the use of elaborate planning models and regression analysis. O it may rely heavily on the intuition and opinions of managers. O Other budgets are rarely affected by errors in sales forecasts. O The usual starting point is last year's level of sales
Which of the following statements is incorrect regarding sales forecasting? * O It may involve the use of elaborate planning models and regression analysis. O it may rely heavily on the intuition and opinions of managers. O Other budgets are rarely affected by errors in sales forecasts. O The usual starting point is last year's level of sales
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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