According to the text, the financial staff's role in the forecasting process centers on
A)Developing the original assumptions used in estimating each project's cash flows.
B)Making sure that no biases are inherent in the forecasts.
C)Deciding which projects are strategically important to the firm.
D)Setting the sales price and quantity estimates for use by other departments.
E)All of the above.

Question

Quizplus · Accepted Answer

The financial staff's role in the forecasting process is primarily to ensure that the forecasts are free from biases, ensuring accuracy and reliability in the financial projections.

According to the Text, the Financial Staff's Role in the Forecasting