Forecast is best estimate of future events

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A forecast is a best estimate of future events. Accurate forecasts help companies may good strategic decisions and allocate resources. Individual managers can often have personal reasons for describing those events in the best possible light. This often puts the CFO in the middle of a bad situation. Is there an alternative (ethically and financially) that allows the CFO to do the right thing, maintain a good working relationship with their boss and provide the company with good data? Your response to this case should cover 1-2 typed double spaced pages.

Reference no: EM131114895

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