Which of the following is not a method of Forecasting?

a.

Capturing the opinions of knowledgeable persons and executives.

b.

Linear Regression

c.

Determining the amount of inputs required to support the targets or outputs set by the company

d.

All of the above are methods of Forecasting

e.

None of the above are methods of Forecasting

2-

Which of the following is referred to as the common language of Accounting?

a.

Accounting Conventions

b.

None of the above

c.

Generally Accepted Accounting Principles

d.

Accounting Concepts

3-

Accounting information is required for which of the following decisions?

a.

Purchasing equipment

b.

Maintenance of inventory

c.

Borrowing and lending

d.

Accounting information is required for all of the above