To assess whether any developments have occurred that are contrary to a company's financial policies, the financial manager should pay special attention to both the major categories of cash flow and the individual items of cash inflow and outflow

Focus forecasting selects the best forecast from a group of forecasts generated by individual techniques

Indicate whether the statement is true or false

Using the income method and employing a factor of 10, determine the amount of insurance a couple would need if their net income is $65,000, their assets total $280,000, their liabilities total $130,000,

their two children's anticipated college education needs total $730,000, and their invalid mother's future nursing home expenses total $290,000. A) $2,850,000 B) $1,500,000 C) $650,000 D) $730,000