Which of the following activities are not necessary when reviewing a company's forecasting process?
A)A review of the factors influencing sales of the product must take place to enhance forecasting accuracy.
B)A check of the accuracy of past forecasts should occur.
C)A review of the data used in sales forecasting should take place.
D)A check of the resources allocated by the company to the forecasting function should be undertaken to determine if adequate resources are being appropriated.
E)All of these are necessary.

Question

Quizplus · Accepted Answer

All of these activities are necessary when reviewing a company's forecasting process. A review of factors influencing sales, checking past forecasting accuracy, reviewing data used in sales forecasting, and checking resources allocated to the forecasting function are all important steps in ensuring an accurate and effective forecasting process.

Which of the Following Activities Are Not Necessary When Reviewing