"Unfortunately, one thing we know for certain about financial forecasts is that they are almost always wrong." If the preceeding statement is generally thought to be true, why do we spend so much time and money on financial forecasting?!
What will be an ideal response?
Perhaps one way to address this statement is to quote General Eisenhower: "In preparing for battle I have always found that plans are useless, but planning is indispensable." We can take this to mean that by developing a plan we know may not work, we have considered other less likely outcomes and how we would react to those. Planning can help us think through situations and to prepare responses to possible outcomes.
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In Excel, in order to change a bar chart's appearance, use "Chart Tools Design-Change Chart Type."
Indicate whether the statement is true or false
________ refers to the way a company finances itself through some combination of loans, bond sales, preferred stock sales, common stock sales, and retention of earnings
A) Capital structure B) Cost of capital C) Working capital management D) NPV
When a customer deposit is recorded using the Make Deposits window, behind the screen QuickBooks converts the transactions into a journal entry that:
A. Debits Checking account, Credits Accounts Receivable B. Credits Checking account, Debits Undeposited Funds C. Debits Checking account, Credits Undeposited Funds D. Debits Accounts Receivable, Credits Checking account
Define dynamic object types. Besides our example, can you think of other situations where we would encounter "dynamic object types"?
What will be an ideal response?