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Which of the following statements about financial forecasting is incorrect? a. forecasting sales is the first step in creating projected financial statements b. financial forecasting

Which of the following statements about financial forecasting is incorrect? a. forecasting sales is the first step in creating projected financial statements b. financial forecasting tends to be more accurate for mature venture than for early-stage ventures c. forecasting is relatively unimportant for early-stage ventures with little historical financial data d. a and b

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