Which of the following is not part of the financial forecasting process used to project financial statements?
A)forecast sales
B)forecast tax rates
C)project the income statement
D)project the balance sheet
E project the statement of cash flows

Question

Quizplus · Accepted Answer

Tax rates are typically set by the government and cannot be accurately projected by a company. Therefore, they are not a part of the financial forecasting process for projecting financial statements.

Which of the Following Is Not Part of the Financial