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Which of the Following Is TRUE About Using Forecasts

Question 105

Multiple Choice

Which of the following is TRUE about using forecasts?


A) Multiple forecasts are best, and their predictions can be averaged.
B) Forecasts become more accurate the further into the future you predict.
C) Forecasts improve the data used to construct them.
D) The more complex the forecast, the more carefully the math is designed, and the more accurate the forecast becomes.
E) Unexpected events require a company to stick to the forecast.

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