Acca epsm unit 8 financial forecasting answers quizlet level. Move down income statement to retained earnings 4.
Acca epsm unit 8 financial forecasting answers quizlet level. Study with Quizlet and memorize flashcards containing terms like In considering what forecasting approach to use, it is important to consider the of the forecast. docx), PDF File (. Section 9: Creating the report. I am not able to find the answers to the questions. projected balance sheet. Mar 14, 2021 · Can anyone assist me on the Unit 8 strategic options questions which the Strategy Development sub-committee would have identified. pdf (2) - Free download as PDF File (. OpenTuition recommends the new interactive BPP books for December 2024 exams. It involves identifying and describing the fundamental aims of the project from a business perspective. txt) or read online for free. The unit explains what the Strategic Business Leader and other Strategic Professional exams require in terms of professionalism and how EPSM helps students prepare for these exams. that are all connected in the 40k universe. The effect of MEXIT on Telford Engineering. Jun 29, 2024 · The three-month moving average forecast for May is 20. An audit of financial statements is an example of an assurance engagement. 3 - Discount according to interest rates. 33). Assumptions 4. Multiple choice question. Mar 3, 2020 · I've spent 4 days trying to answer this question. If a project or investment cannot return more than the WACC, the company would lose money on the investment. ie Commercial Real Estate Evaluation 1 - Estimate annual net cash flows. The members version has 8 units, as they do not have access to the support for Strategic Professional exams unit (9) nor the final assessment unit (10). Your help will be highly appreciated The CFO has asked for a forecast for the sales figures for the first quarter of 20X6. 1 Cash flow forecasts: meaning and purpose For any business to survive, having sufficient cash to pay suppliers, banks and employees is the single most important financial factor. May 21, 2020 · Hello everyone, Could someone please help with Unit 7 section 8 Abacus question answer. Scheduled maintenance: Saturday, September 10 from 11PM to 12AM PDT This post has been hidden 46 student(s) online now Back to Posts Unit 8 Strategic Options Presentation PDF - Free download as PDF File (. The ACCA qualification is divided into three levels: Applied Knowledge; Applied Skills; Strategic Professional; Each level builds on the knowledge and skills acquired in the previous one. Get your discount code >>. • this is essential following mexit as we need to have free cashflows for us to meet our short-term obligation and ensure our liquidity position does not detoriate. Is through the exercise. Would you please lead me how to get to the answers? Many thanks for your kindness! Study with Quizlet and memorize flashcards containing terms like Cash flow:, 30. 33, which is the average monthly demand for the months from February through April (17 + 22 + 22) divided by 3 (61/3 = 20. Thank you so much Dec 13, 2020 · EPSM Unit 7 Data Analytics - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams The document outlines four strategic options identified by a subcommittee: 1) Cost reduction through outsourcing accounting and finding domestic alternative suppliers. Calculate new assets 2. Information on the structure for unit 10 of the Ethics and Professional Skills Module. Many thanks for your help Mar 16, 2022 · I stuck in Unit 8: Analysing the 6 strategic options, I tried many times to work out the answers but still cannot pass the total six questions. Quality requirements and control 8. They must use the skills learned throughout this unit to make appropriate choices for forecasting models that use measureable, historical data to generate forecasts. Sep 4, 2022 · can anyone please help me with the unit 8 analysis 5 questions. I can't in many different ways. 3) Product diversification into related products like mast climbers to protect against reduced sales. I don't know where I'm going wrong and I've been on this for a day now. Jan 2, 2023 · acca espm unit 8 post mexit - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams Study with Quizlet and memorize flashcards containing terms like The (consternation, dissension) between Athena and Poseidon led to a contest between two immortals, in which they bestowed gifts to Athenians. c) Accountancy department costs quiz Dec 25, 2020 · anyone got the answers to Question in Unit 8 of EPSM Module. Aug 21, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Has anyone completed it? I showed it to my ACCA tutor and she agreed with my answers. Within each level, you have some flexibility in the order you take the exams, but there are strategic considerations to keep Section 8: Unit summary Summative exercise The learner is faced with a situation where they are expected to identify ethical dilemmas and take ethical decisions. In other words, philosophers and others have developed different ethical theories, different ways of thinking about ‘doing the right thing. (a) short-term forecasting (b) intermediate-term forecasting (c) long-term Glad I'm not the only one who thought it was crazy to be teaching about professionalism with all the errors strewn across it. avoiding providing too much financial data. Jun 12, 2024 · Hi, I am struggling with EPSM Unit 8, Accountancy department cost quiz, could you please help me with this? June 12th 2024 AN ACCA USER. Jan 23, 2020 · 20% off ACCA & CIMA Books. It contains sections on how to organise successful meetings and how to make the best use of technology, including spreadsheets and data analytics, to find effective solutions to business issues. 3) Each EPSM unit relates to skills needed in the Oct 5, 2024 · UNIT 10: EPSM FINAL ASSESSMENT; The ACCA EPSM module can be completed at any time. Commercial awareness This unit of the module introduces the concept of commercial awareness as the ability to view situations from a commercial or business perspective, considering factors that influence the success of a business and an understanding of the business processes Sep 12, 2023 · View Assessment - EPSM_Unit 8_Financial Forecasting- Financial Information on Telford Engineering Excel. Quantitative forecasting models can be divided into two major types: time series models and causal models 20% off ACCA & CIMA Books. Sep 12, 2023 · 8 9 10 Ignore time value of money and taxation. A joke of a module let's be honest, 70% is common sense, another 20% is guessable or fairly basic stuff to learn and then you get the data analytics module which could actually be really useful if done well but obviously, as with ACCA, it was poorly executed. b) Creating the report quiz. Enter the accountancy department costs for Option A (to the nearest $M’000). avoiding the use of unrealistic profit margins. Section 8: Financial forecasting. Mastering Unit 1, Section 1 of the EPSM in ACCA: Essential Tips and Strategies • Mastering EPSM in ACCA: Essential Tips • Discover the essential tips and str Welcome to /r/DisneyCollegeProgram! This subreddit was made so that you can say whatever you want about the program. Warhammer 40k is a franchise created by Games Workshop, detailing the far future and the grim darkness it holds. pdf), Text File (. assumes that balance sheet accounts maintain a constant relationship to sales. Here’s how: Until you get the unit 7, it's as mentioned before it's not challenging, its a grind. , Tactical forecasts are _________ term, while strategic forecasts are _____________ term. epsm acca unit 8, 9 or 10HI, IF YOU NEED ANY HELP IN ANY UNIT OF EPSM ACCA specially unit 7,8,9 and 10 of epsm acca, KINDLY CONTACT AT dapurette@gmail. Aug 28, 2023 · Can anyone please help me with the answers on the organisational restructure of unit 8 I got all answers incorrect for several times now. Study with Quizlet and memorize flashcards containing terms like What is the most important ingredient in developing a firm's financial plan?, The percent-of-sales method can be used to forecast:, Which of the following statements about the percent-of-sales method of financial forecasting is true? and more. Communications about the project progress 9. Objective of ACCA EPSM. Oct 15, 2024 · Overview of ACCA Exam Structure. View More 20K subscribers in the ACCA community. a) Creating the report. Danzer, J. Can anyone please help! I am currently stuck on the EPSM Unit 8, Financial Forecasting part, if completed could someone guide me into how to calculate the sales profit margin pre-exit (before mexit), i have tried everything, please and thank you. Get your discount code >> Find step-by-step solutions and your answer to the following textbook question: The percent-of-sales method of financial forecasting: A. Move down income statement to retained earnings 4. Enter the accountancy department costs for Option A (to the nearest $M'000). Jan 19, 2020 · Please note that the ask the tutor forums are a free service – not a 24/7 answering service. This unit explains how you can work efficiently by prioritising, organising and managing your time effectively. This qualification grants you membership and signifies a valuable investment for the future. (See P/L account before MEXIT in the spreadsheet). Commercial awareness This unit of the module introduces the concept of commercial awareness as the ability to view situations from a commercial or business perspective, considering factors that influence the success of a business and an understanding of the business processes EPSM_UNIT_10_END_OF_MODULE_ASSESSMENT. Variable cost per hour ($850,000 -$450,000)/(5,000 hours – 1,800 hours) = $125 per hour Information on the syllabus content and structure for unit 4 of the Ethics and Professional Skills Module. pdf. Project perso-nel 7. However, the final assessment has a two-hour time limit. The objective of an audit of financial statements is to enable the auditor to express an opinion on whether the financial statements are prepared, in all material respects, in accordance with applicable financial reporting framework. Can someone help me with the end of module answers. Even if a formula for a guide to the answers would really help. EPSM Unit 8 - Section 8 Strategic Planning Evening all, I finding it hard to grasp this section of the unit. c) Accountancy department costs quiz Should you choose to go on to study The ACCA Qualification, if you completed FIP after 17 July 2023 you will automatically receive exemptions for the first three units of EPSM. This unit also demonstrates how effective leadership involves inspiring, motivating and supporting teams to work effectively and efficiently, making the most of the individuals within them. Calculate new liabilities 3. Objectives (financial and non-financial) 3. please help December 25th 2020 AN ACCA Unit 8 is also newly added into EPSM syllabus. Oct 8, 2022 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Section 10: Organisational restructure. thank you Worldwide plc is a UK resident trading company. Study with Quizlet and memorize flashcards containing terms like AFN Equation Method, Increase in Assets, Increase in spontaneous liabilities and more. Study with Quizlet and memorise flashcards containing terms like Financial Accounting, Management accounting, Main users of financial statements and others. Constrains (and how will they be addrssed) 6. Risks Dec 13, 2020 · The initial units are mainly generic theory and information based, but then unit 8 is on a case study which is so cool. Jorge Klor de Alva, Larry S. However, the website does not allow me to download any peer assessments and nothing happens when I click on the button to download a peer assessment and it also still says that my assessment is under review. B. I'm trying to get the answers to the Integrated Case study questions in unit 8 of Professional Ethics Module. You need to calculate the effect on profitability of implementing each of the options you are asked about and not to calculate the actual updated profit after the option has been Oct 8, 2022 · Need help to solve Epsm unit 8 question As a result of MEXIT, Telford Engineering had lost 30% of its pre-MEXIT export sales to CETA customers, due to increased trade and tariff barriers with CETA. a) Re-organisation of the accounting department. TELFORD ENGINEERING P/L Oct 5, 2020 · EPSM Unit 8 - Section 8 Strategic Planning Evening all, I finding it hard to grasp this section of the unit. thank you You have been asked to prepare the pro forma financial statements for a company. Jan 23, 2020 · The unit also gives examples of where/why you should be sceptical or exercise caution in relying on results to answer the other end of unit questions. Jun 26, 2024 · describe operating break even point. Thank Study with Quizlet and memorize flashcards containing terms like Financial Forecasting, Pro Forma Income Statement, Determine production schedule and more. requires more time than a cash budget approach. Information on the syllabus content and structure for unit 4 of the Ethics and Professional Skills Module. This document provides an overview of the key phases in a data analytics project according to the CRISP-DM methodology: business understanding, data understanding, data preparation, and modelling. a method of calculating financial results in order to emphasize either current or projected figures. Yes – if prompt is $’000 you give answer to nearest 000 – so 100 in your example. Here’s how: Aug 13, 2023 · Hello all, I am struggling with the accounting department cost quiz in the EPSM unit 8. CMPSC MISC. The main attraction of 40k is the miniatures, but there are also many video games, board games, books, ect. This post has been hidden 36 student(s) online now Back to Posts Based on extensive market research that assesses the external and internal environments that affect marketing operations—the company's history, products, and brands as well as the competitive environment, consumer trends, and other marketplace trends that have some impact on the product category. Telford Engineering exports 40% of its output to CETA. Jan 31, 2024 · epsm acca unit 8, 9 or 10HI, IF YOU NEED ANY HELP IN ANY UNIT OF EPSM ACCA specially unit 7,8,9 and 10 of epsm acca, KINDLY CONTACT AT dapurette@gmail. doc / . I'm stuck with answers, not getting any of them correct. c) Accountancy department costs quiz Telford Engineering's financial statement shows sales of $8 million with total costs of $6,560, including $2,000 for materials, $3,000 for staff costs across different departments, and $1,560 for other costs like overheads, distribution, general administration and finance. It is a comprehensive case study while you need to have a role in order to complete the case. This is because this version of FIP covers the first three learning units of EPSM. Solve for 1st pass additional funds needed A community for fans of the critically acclaimed MMORPG Final Fantasy XIV, with an expanded free trial that includes the entirety of A Realm Reborn and the award-winning Heavensward and Stormblood expansions up to level 70 with no restrictions on playtime. This unit is about explaining the links between EPSM and SBL and other Strategic Professional exams and how EPSM supports learning at Strategic Professional. - Industry, regulatory and other external factors, including the applicable financial reporting framework - Nature of the entity, including operations, ownership and governance, investments, structure and financing - Entity's selection and application of accounting policies - Objectives and strategies and related business risks that might cause Oct 5, 2024 · UNIT 10: EPSM FINAL ASSESSMENT; The ACCA EPSM module can be completed at any time. You can look for roommates, talk about your experience in the program, give tips and hints for the interview, talk about your job in the park, and to find the answers to any questions that you might have! Sep 10, 2019 · Epsm unit 7 answers. Worldwide plc has forecast trading profits for the year ended 31 October 2024 of £3,000,000. Apr 8, 2021 · EPSM Unit 8 - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams Hello there Am stucked with Unit 8 section 5 Financial forecast. Jan 5, 2020 · Hi isabelber. I am stuck with the regression answers. Transactions during the year The following transactions have taken/will take place during the year to 31 October 2024: (1) On 1 January 2024 Worldwide plc purchased an 80% shareholding in Otros Inc, a manufacturing company resident in and controlled from Section 8: Financial forecasting. 29 million FY 2015 sales (existing clubs) = 663 * $182. (a) short-term forecasting (b) intermediate-term forecasting (c) long-term forecasting (d) All of the above, Decisions relating to the sales and operations planning (aggregate planning) involve . For more information on the syllabus and structure read our EPSM syllabus guide . Get your discount code >> Study with Quizlet and memorize flashcards containing terms like Forecasts, Qualitative methods of forecasting, Quantitative methods of forecasting and more. Financial forecasting supplements historical data with proposed investments or changes to allow for more accurate foresight. Pennsylvania State University. C. Section 8: April’s story a April’s story Section 9: Unit summary a Unit summary PERSONAL EFFECTIVENESS Summative assessment – the learner is faced with a challenging task where they are asked to guide April, a member who wishes to progress in her career. The graphics on this with the video clips of the different people and scenarios are great – kudos to ACCA for pairing with a good animation company! I’m not sure if everyone gets a different scenario. projected cash flow statement. Retagged June Posted by u/Unique-Background-10 - 2 votes and 3 comments Can someone help me with the end of module answers. . To earn ACCA membership, you must qualify for EPSM ACCA. For your answer only state the first two digits and do not include any symbols, for example, "72". A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). ) Epsm unit 8 Having trouble with the case study integrated quiz where you need to consider option A and option B, is it possible for someone to help me with my approach as I’ve done all the units and this is the only part I’m stuck at before I can attempt the final quiz. This breaks my momentum in completing and progressing through the Unit as a whole, so would be very grateful if someone is ahead of me and knows the answer can steer me in any way. Units 1-3 will still be assessed as part of the EPSM final assessment. projected income statement. Tasks in the case include financial forecasting, organisational restructuring, human resource planning and strategic planning. A business could have high revenue and low expenses, but if it does not manage cash effectively, it could still have negative cash flow All the following are good suggestions for financial forecasting EXCEPT:(using clear assumptions about marketing and pricing plans when creating the financial forecast for the current year. September 9th 2019 AN Apr 24, 2020 · Hi! As Kim mentioned earlier there are 4 elements of the total accounting cost for Option B: – The outsourcing cost: 292 – Redundancy cost: 25% of the current annual salaries of the redundancy – but here you have to take into account those who plan to leave before Mexit as the company do not have to pay any redundancy cost after them (this information was in the first spreadsheet) Aug 12, 2023 · 20% off ACCA & CIMA Books. April 30th 2021 AN ACCA USER Login to comment Aug 16, 2023 · epsm unit 8 +1 Vote Calculate and compare the forecast total accounting costs in the year following MEXIT under the outsource option (B); to assess which option will be most economical for Telford Engineering in the future. pdf) or read online for free. The assistant management accountant has begun this work. Information on the syllabus content and structure for unit 6 of the Ethics and Professional Skills Module. Stakeholders and their interests 5. FY 2015 Revenue Forecast For FY 2015, assume same club sales growth equals 6% (same as FY 2014) New clubs opened during FY 2015: 25 (assume stores opened at a rate of 68% by 7/1) Sales per club (FY 2015) = $171. Aug 16, 2023 · EPSM unit 8 0 Votes Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. 2 - Estimate future sale price. Mar 7, 2022 · Optimising sales or profits ACCA EPSM Unit 7: Data Analytics The CRISP framework Business Understanding Business understanding is the essential and mandatory first phase in any data mining or data analytics project. This is the forecasting method we use: 1) Project sales revenues and expenses 2) Forecast change in spontaneous balance sheet accounts 3) Deal with discretionary accounts 4) Calculate retained earnings 5) Determine total financing needs/assets 6) Calculate DFN Weighted Average Cost of Capital WACC is the discount rate that many companies use in the NPV calculation. Any help please Mar 29, 2021 · EPSM - Understanding Unit 8 Here's a little more info for those of you working on Unit 8 of the EPSM module - we hope this helps your understanding of the section. , The retiring coach said he no longer had the stomach to run The Americans 1st Edition • ISBN: 9780547491158 Gerald A. Apr 11, 2020 · EPSM Unit 7 Q2 and Q4 - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams 考完了f阶段之后,不了解epsm模块要怎么考? 是不是你?-----学姐来科普啦! acca道德测试模块是又被称为职业道德与专业技能模块(epsm),这是acca联合雇主共同打造的一个全新模块,目的是培养学员高标准的综合职… The unit explores different type of leadership approaches and qualities of effective leaders which can be adopted or adapted at any level of the organisation. 68) * $182. ’ 1. Evaluation of the progression of money through the business that accounts for the interest rate and allows the analyst to forecast (for the cash flows). Final assessment Using a dynamic question bank students must answer 14 questions – two objective test questions from each of the first seven units. 29 = $120,858 million FY 2015 sales (new clubs) = (25 x 0. Using moving averages, they calculated that the underlying trend as +$500 per quarter, but the last moving average the assistant calculated was for 20X5 Quarter 2: $261,500. Access ACCA's portal for members and students to manage your account, study, and find support. com Study with Quizlet and memorize flashcards containing terms like What role does financial forecasting play in the future success and growth of a firm? A. Using the percent of sales method, click on the item that you can accurately predict for the pro forma balance sheet. Then from module 7 onwards, it's a bit more challenging where you need excel skills, but still need 50% on, so I just answered the bare minimum to pass them. Retagged Apr 26, 2021 · Hello, I had registered for the EPSM during the middle of March and yet Unit 8 has the “review 5 peers assessments” in it. Wilson, Nancy Woloch Dec 12, 2023 · can any one help me with the answers of about accounting department costs option a and option b. Study with Quizlet and memorize flashcards containing terms like Decisions relating to production scheduling involve . Jul 20, 2023 · Hi, is anyone else having trouble with unit 8 videos and spreadsheets not specifically the calculating the accounting department costs? In the unit you will undertake a series of tasks including analysing your workload to ensure you can achieve your objectives, preparing calculations and reviewing a report to the board of directors outlining the financial and business implications of the new situation that your business finds itself. short; medium and long medium; long short and medium; long short; long, For forecasting services, _____ availability The unit explores different type of leadership approaches and qualities of effective leaders which can be adopted or adapted at any level of the organisation. Jan 3, 2022 · ANSWER KEY - UNIT 7 STUDY GUIDE_CH 16-18. Telford Engineering imports 50% of its materials from CETA and import costs will be affected by the lower exchange rate post MEXIT. I have reached the part where i have to submit the presentation for Peer Review but im blank about what am i suppose to present in the 2 slides. , Though I was annoyed by the child's behavior, the father's outburst of anger seemed to me deplorable (intemperate, bovine). what are the 3 objectives of financial planning. In the unit you will undertake a series of tasks including analysing your workload to ensure you can achieve your objectives, preparing calculations and reviewing a report to the board of directors outlining the financial and business implications of the new situation that your business finds itself. Jul 24, 2023 · I have not been able to pass the “end of unit quiz” for unit 7, please help me check if anything is wrong with my answers, thanks a lot: I believe at least one or two of the above answers should be correct, but the feedback shows all of them wrong, please help me check if I have missed anything. Mar 17, 2021 · Ethics module unit 8 - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams What is the estimated maintenance cost if production of the battery is 80% of the maximum capacity? Solution. Study with Quizlet and memorize flashcards containing terms like Planning, Forecasting, Planning Process and more. EPSM Unit 7 Data Analytics - Free download as Word Doc (. Please help me out if you can. b) Meeting with CFO to discuss options. August 13th 2023 AN ACCA USER. Calculate new total liabilities and equity 5. Does anyone know the answers to the p/l or could give me a nudge in the right direction would be great. a) Financial information on Telford Engineering. xlsx from FM MBA122 at Yangon Institute of Economics. Feb 26, 2022 · strategic options identified by the sub- committee strategic option 1- cost reduction • cutting costs is a key strategy to turn around. 29 = $3,099 million Total FY 2015 Need help for EPSM Unit 8 Analysing the 6 strategic options!!! It''s so hard for me to solve it : The unit explores different type of leadership approaches and qualities of effective leaders which can be adopted or adapted at any level of the organisation. is more detailed than a cash budget approach. 2) Completing the EPSM prepares students for the Strategic Professional exams and makes them more employable by helping them demonstrate professionalism. 2) Market expansion to countries beyond CETA due to weakening of local currency. 4) Reconstruction of the value chain through Oct 10, 2022 · I have chatted to ACCA Connect but they not very good just refer to an in-house team (PE Delivery Team) and have to wait two weeks for them to get back to you. The unit explores different type of leadership approaches and qualities of effective leaders which can be adopted or adapted at any level of the organisation. Jul 3, 2024 · Just a reminder that you're not permitted to share answers on the Learning Community, but it's ok for fellow students to give advice on how to approach the question so you can work out the answer :) July 4th 2024 AN ACCA USER Unit 7 comes with an assessment that requires you to use data analytics to answer a set of questions, these questions are calculation based open ended questions where you'll need to use the spreadsheet and tools to compute the figures for the questions. I would like some help with questions 1,2,5,6 . This results in a net profit of $1,440,000. Dec 20, 2023 · Calculate the forecast net profit of Telford Engineering post-exit (after MEXIT) assuming all staff who resign are replaced to the nearest $M,000. pro-forma. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. 1) project the firm's sales rev & exp over the planning period 2) est the levels of inv in current and fixed assets which are necessary to support the projected sales level 3) determine how much money the firm will generate internally during the same period 4) subtract the funds generated internally from the funds required to determine the external financial requirements, which are termed the Branches of Ethics (Unit 1) Over centuries of philosophical debate, ethics has developed several schools of thought. 06 = $182. 97 million * 1. I don’t currently have access to this unit but I would say “impact” should be difference because it is asking for the effect. If you have read the posts on this thread you should know that I do not have the answers to give you and I and ACCA would ask you to REFLECT on the ethical and professional issues raised by your request. (a) short-term forecasting (b) intermediate-term forecasting (c) long-term 1) The EPSM is an online module that develops students' ethical knowledge and professional skills through 10 units covering topics like problem solving, communication, and digital skills. We would like to show you a description here but the site won’t allow us. Innovation and scepticism This unit is about encouraging open-mindedness and innovative thinking. Dont even know what to do. The financial manager has provided you with the forecasted sales for the time periods. Krieger, Louis E. Study with Quizlet and memorize flashcards containing terms like What role does financial forecasting play in the future success and growth of a firm?, What is the goal of financial forecasting?, Which question is answered by financial forecasting? and more. ylbcbcokfhycwnfihytpdwglukinxbmxolaxbgzyoljcqlrmtbniwead