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Relying on accounting to avoid forecast errors

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Reference no: EM131160949

Topic: Relying on Accounting to Avoid Forecast Errors

Your textbook states ?nancial statements forecasts should rely on the additivity within ?nancial statements and internal consistency across ?nancial statements.

Explain how the concepts of additivity and consistent articulation across financial statements apply to ?nancial statement forecasts.

How can these concepts help you avert possible forecasting errors?

Reference no: EM131160949

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