68. Frequently, corporations issue forecasts of earnings for the upcoming year. Such forecasts require estimations of both

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68. Frequently, corporations issue forecasts of earnings for the upcoming year. Such forecasts require estimations of both costs and revenues. Search the Internet for a discussion of a revision in the earnings forecast of any company. Relative to the original forecast, did the revision indicate earnings would be higher or lower? Discuss the reasons given for the revision in the forecasted earnings.

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Cost Accounting Traditions And Innovations

ISBN: 9780324180909

5th Edition

Authors: Jesse T. Barfield, Cecily A. Raiborn, Michael R. Kinney

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