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Nortel Networks Is Concerned About Their Forecasting Accuracy; as Such

Question 2

Multiple Choice

Nortel Networks is concerned about their forecasting accuracy; as such, Nortel should


A) wind down business operations and liquidate the company's assets.
B) avoid attempting to forecast cash flows at all.
C) prepare cash budgets using worst-case, base-case, and best-case scenarios.
D) prepare one cash budget and trust things will work out.

Correct Answer:

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