Which is more persistent in predicting future amounts of the variable based on current amounts of that same variable?
A) Sales
B) Cash flows from investment activities
C) Operating income
D) Cash flows from financing activities

Question

Quizplus · Accepted Answer

Sales are more persistent in predicting future amounts of the variable based on current amounts of that same variable because they are a measure of the company's core business activities.

Which Is More Persistent in Predicting Future Amounts of the Variable