MC 5 What is the purpose of financial forecasting?
A. To predict future financial performance
B. To evaluate the financial performance of an organization
C. To identify areas of financial weakness in an organization
D. To determine an organization’s financial position
Answer:A
MC 5 What is the purpose of financial forecasting?
A. To predict future financial performance B. To evaluate the financial performance of an organization C. To identify areas of financial weakness in an organization D. To determine an organization’s financial position