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
E) profit levels of companies in other industries

Question

Quizplus · Accepted Answer

In order to develop a forecast of financial needs, Gordon will most likely consider the current and future state of the economy as this can have a significant impact on the company's financial situation. Factors such as economic growth or recession, inflation, interest rates, and government policies can all affect a company's financial needs. Past company plans that were never implemented and the level of production costs from 10 years prior are not as relevant to forecasting current financial needs. Actions and profit levels of companies in other industries may be informative, but may not directly apply to the financial needs of Gordon's specific company.

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