Which of the following is the best recommendation for forecasting performance?
A) Use an explicit forecast period of two to five years and longer for cyclical companies or those experiencing very rapid growth.
B) Use an explicit forecast period of two to five years and shorter for cyclical companies or those experiencing very rapid growth.
C) Use an explicit forecast period of 10 to 15 years and longer for cyclical companies or those experiencing very rapid growth.
D) Use an explicit forecast period of 10 to 15 years and shorter for cyclical companies or those experiencing very rapid growth.
Correct Answer:
Verified
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