Gordon Jimenez' boss tells him to develop a forecast of financial needs. Of the following factors, Gordon will MOST LIKELY consider ________.
A)past company plans that were never implemented
B)actions of companies in other industries
C)the current and future state of the economy
D)the level of production costs from 10 years prior

Question

Quizplus · Accepted Answer

The current and future state of the economy is the most relevant factor for forecasting financial needs. Past company plans and production costs from 10 years ago may not accurately reflect current and future financial needs. Actions of companies in other industries may provide some insight but may not be directly applicable to Gordon's company.

Gordon Jimenez' Boss Tells Him to Develop a Forecast of Financial