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    Financial Management Theory Study Set 6
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    Exam 12: Financial Planning and Forecasting Financial Statements
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    Errors in the Sales Forecast Can Be Offset by Similar
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Errors in the Sales Forecast Can Be Offset by Similar

Question 45

Question 45

True/False

Errors in the sales forecast can be offset by similar errors in costs and income forecasts. Thus, as long as the errors are not large, sales forecast accuracy is not critical to the well-being of the firm.

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