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Which Would Be Credible Supporting Detail for a Forecasted Net

Question 26

Multiple Choice

Which would be credible supporting detail for a forecasted net income?


A) Net income is based on management's goals.
B) Net income is based on a "booming" economy.
C) Net income is based on competitive pricing and industry averages for profit margins.
D) Net income is generated based on a higher profit margin than most other competitors.

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