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CTP · Question #785

(Topic 8) A manufacturing company has no liquidity and needs to purchase additional inventory in 60 days. Which of the following would have helped the company plan for this situation?

The correct answer is C. A medium term forecast. See the full explanation below for the reasoning.

Question

  • (Topic 8)

A manufacturing company has no liquidity and needs to purchase additional inventory in 60 days. Which of the following would have helped the company plan for this situation?

Options

  • AA capital budget
  • BA short term forecast
  • CA medium term forecast
  • DA long term forecast

How the community answered

(42 responses)
  • A
    5% (2)
  • B
    10% (4)
  • C
    83% (35)
  • D
    2% (1)

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