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Worldatwork Exam c8 Topic 4 Question 73 Discussion

Actual exam question for Worldatwork's c8 exam
Question #: 73
Topic #: 4
[All c8 Questions]

What best describes what forecasting helps the organization to do?

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Suggested Answer: A

by Shaquana at Jul 01, 2024, 04:05 PM

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Latonia
5 days ago
Forecasting is like looking into a crystal ball, but without all the magic and mysticism. It's a data-driven science, people!
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Grover
8 days ago
Recognizing possible issues and concerns is a good start, but forecasting goes beyond that. It's about predicting the future, not just identifying current problems.
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Abel
9 days ago
Haha, withholding payroll taxes? That's just basic compliance, not really forecasting. Nice try, option C!
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Alex
10 days ago
I'm not sure about option B. Preparing quarterly and annual reports is more of an accounting function, not directly related to forecasting.
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Lamar
14 days ago
Option D seems to be the most comprehensive answer. Forecasting helps organizations anticipate their future capital needs and plan accordingly.
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Pamella
15 days ago
I believe preparing quarterly and annual reports is also important to track the organization's financial performance.
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Jodi
16 days ago
I agree with Helaine. Anticipating future capital needs is crucial for the organization's growth.
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Helaine
17 days ago
I think forecasting helps the organization recognize possible issues and concerns for budget planning.
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