\"According to the text, the financial staff\'s role in the forecasting process

ID: 2724552 • Letter: #

Question

"According to the text, the financial staff's role in the forecasting process centers on"

Developing the original assumptions used in estimating each project's cash flows.

Making sure that no biases are inherent in the forecasts.

Deciding which projects are strategically important to the firm.

Setting the sales price and quantity estimates for use by other departments.

All of the above.

Developing the original assumptions used in estimating each project's cash flows.

Making sure that no biases are inherent in the forecasts.

Deciding which projects are strategically important to the firm.

Setting the sales price and quantity estimates for use by other departments.

All of the above.

The financial staff role should be in the forecasting process “ making sure that no biases are inherent in the forecasts hence answer is (b)

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.