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Debora [2.8K]
3 years ago
7

Which of the following statements is not correct?

Business
1 answer:
Alexeev081 [22]3 years ago
5 0

Answer:

B. The owner's drawing account is closed to the Income Summary account

Explanation:

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physical strength

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Match each of the terms below with their definitions and descriptions
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Why does the cost of capital constitute a direct link between return on capital expenditure and the returns required by capital
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The overview of the statement is summarized below.

Explanation:

  • The capital structure seems to be the ratio of net required by investors toward about there capital expenditure. Investment return capital spending seems to be the return rate required for expenditure.
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Which of the following accounts would be decreased by a credit entry?
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A Bank account (if bad or good), A Welfare Account (If good, you will no longer receive services.) Card Bureau account can change due to unexpected reasons, can go down or go up.

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Fed up with her working conditions at the call center, Lisa decides to invest in a state-of-the-art sewing machine and produce l
kumpel [21]

Complete Question:

Fed up with her working conditions at the call center, Lisa decides to invest in a state-of-the-art sewing machine and produce limited quantities of her own clothing designs. After a few months of operation, she decides to apply some of the forecasting techniques she mastered in school. Which of these statements about her forecasts is correct?  

  1. Her forecasts will probably be 100% accurate.
  2. Her demand forecasts for a year from now will probably be more accurate than her demand forecasts for three months from now.
  3. Her demand forecasts for each style of skirt will be less accurate than her demand forecasts for all skirts.
  4. The best way for her to determine the amount of fabric she needs is to forecast it based on her customer orders for each type of skirt.

Answer:

Option 4 is the correct answer

Explanation:

Because the only best way to forecast the amount of fabric required for the is dependent upon the number of customer orders for each type of skirt she receives.

Remember that the forecasting cannot be 100% correct because we human and we cannot tell the future with 100% surety. All we can do is guessing what would happen.

With the help of past data we can better estimate the demand. As their is no past data available we can make a reliable forecast of the skirt sales.

Option 3 is also incorrect because forecasting is dependant upon the reliable source of information which helps in estimating what would happen. Estimating single or combined sales is not a reliable source of information.

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3 years ago
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