Characteristics for a good manager are all of the following except ________

Long-term forecasts are usually less accurate than short-term forecasts because

A) short-term forecasts have a larger standard deviation of error relative to the mean than long-term forecasts. B) short-term forecasts have more standard deviation of error relative to the mean than long-term forecasts. C) long-term forecasts have a smaller standard deviation of error relative to the mean than short-term forecasts. D) long-term forecasts have a larger standard deviation of error relative to the mean than short-term forecasts.

Which of the following statements is TRUE?

A) By DECREASING the number of payments per year, you REDUCE your total cash outflow but INCREASE your effective borrowing rate. B) By INCREASING the number of payments per year, you BOOST your total cash outflow but INCREASE your effective borrowing rate. C) By INCREASING the number of payments per year, you REDUCE your total cash outflow but INCREASE your effective borrowing rate. D) By INCREASING the number of payments per year, you REDUCE your total cash outflow but DECREASE your effective borrowing rate.