Cash disbursements (expenditures) are not closely tied to the sales forecast as the sales forecasts are not typically used for scheduling production
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Cash disbursements (expenditures) ARE CLOSELY tied to the sales forecast as the sales forecasts ARE TYPICALLY used for scheduling production.
Business
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An employer could be liable for acts of an employee based on negligent hiring
a. True b. False Indicate whether the statement is true or false
Business
If a retailer has a net profit margin of 3 percent, asset turnover of 4.0x, and financial leverage of 2.0x, then its return on net worth is:
a. 6 percent. b. 8 percent. c. 12 percent. d. 24 percent. e. 48 percent.
Business