Which of the statements below is FALSE?
A)A company can take a simple approach to estimating next year's growth in revenue by taking just the prior year's growth rate.
B)A company can take a simple approach to estimating next year's growth in revenue by having a number of departments supply input.
C)A company can take a simple approach to estimating next year's growth in revenue by using the average dollar increase in sales from the past two years.
D)A company can take a simple approach to estimating next year's growth in revenue by averaging the previous two years' annual growth rates.

Question

Quizplus · Accepted Answer

While input from different departments can be helpful in estimating next year's revenue growth, it is not necessarily a "simple" approach, as coordinating and incorporating that input can be a complicated process. The other three options provide simpler methods for estimating revenue growth.

Which of the Statements Below Is FALSE