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Which of the statements below is FALSE? A) The time when a sale is recorded is often different from the time cash is actually received.

Which of the statements below is FALSE?

A) The time when a sale is recorded is often different from the time cash is actually received.

B) A key element in a sales forecast is that the timing of the sale and the cash inflow from the sale often happen at different times.

C) We start the process of building a cash forecast with predicting the cash inflow from future sales: a sales forecast.

D) The amount and timing of sales are usually provided by the finance department.

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