True or False

When modeling accounting relationships, one or more accounts may drive the value of other accounts. A forecast applies a model to translate a set of hypotheses about the performance of a financial entity and its behavior into numerical predictions. Models create a representation of an idea, process or system to explain a real world phenomena. A model of a company's financial statements must exactly replicate historical financial results. A forecast using the ratio 'Days Sales Outstanding' (DSO) is applying a business relationship. If modeling strictly based on business relationships, the dollar impact on one account is exactly equal to the dollar impact of the related account. When modeling accounting relationships, one or more accounts may drive the value of other accounts. A forecast applies a model to translate a set of hypotheses about the performance of a financial entity and its behavior into numerical predictions. Models create a representation of an idea, process or system to explain a real world phenomena. A model of a company's financial statements must exactly replicate historical financial results. A forecast using the ratio 'Days Sales Outstanding' (DSO) is applying a business relationship. If modeling strictly based on business relationships, the dollar impact on one account is exactly equal to the dollar impact of the related account