Worldatwork Exam c8 Topic 3 Question 39 Discussion

Actual exam question for Worldatwork's c8 exam

Question #: 39
Topic #: 3

[All c8 Questions]

What is the most accurate statement regarding forecasting?

AIt is a precise estimate of what the future holds for the organization.

BIt is done primarily by using historical revenue and expense data.

CIt is done primarily by evaluating market conditions and economic indicators.

DIt uses internal and external factors to help answer questions about business expectations for the future.

Show Suggested Answer

Suggested Answer: D

by Gertude at Aug 20, 2022, 06:05 PM

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2 days ago

I believe C is also important, evaluating market conditions is crucial for forecasting.

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3 days ago

I agree with Juan, D uses both internal and external factors.

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4 days ago

I think the most accurate statement is D.

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