Which of the statements below is FALSE?
A)A key element in a sales forecast is that the timing of the sale and the cash inflow from the sale often happen at different times.
B)The amount and timing of sales are usually provided by the finance department.
C)We start the process of building a cash forecast with predicting the cash inflow from future sales: a sales forecast.
D)The time when a sale is recorded is often different from the time cash is actually received.

Question

Quizplus · Accepted Answer

The amount and timing of sales are usually provided by the sales department, not the finance department.

Which of the Statements Below Is FALSE