When developing forecasted financial statements there are some inputs that management controls such as the growth rate and operating costs/sales ratio,while other inputs such as the tax rate and interest rate are not under its control.

Question

Quizplus · Accepted Answer

Some inputs in forecasted financial statements are controllable by management while others, such as tax rate and interest rate, are external factors beyond their control.

When Developing Forecasted Financial Statements There Are Some Inputs That