Nortel Networks Is Concerned About Their Forecasting Accuracy; as Such

Multiple Choice

Nortel Networks is concerned about their forecasting accuracy; as such, Nortel should

A) wind down business operations and liquidate the company's assets.
B) avoid attempting to forecast cash flows at all.
C) prepare cash budgets using worst-case, base-case, and best-case scenarios.
D) prepare one cash budget and trust things will work out.