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Which one is true? Percentage of Sales Model which sales forecasts are the driving variable and most other variables are assumed fixed. When a liability
Which one is true?
Percentage of Sales Model which sales forecasts are the driving variable and most other variables are assumed fixed. | ||
When a liability goes up, it has a negative impact on cash flow. | ||
Pro Formas are projected or forecasted Balance sheets and Income statements. | ||
Balancing Item is a variable that is calculated on the last step of forcasting and is there to maintain the consistency of a financial plan. |
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