Question

ASSERTION: A forecast is a detailed plan of operations for some specific future period.

REASONING: A forecast is a statement of probable events.

Options

• A is true, and R is the correct explanation for A.

• A is true, and R is not the correct explanation for A.

• A is true, but R is false.

• A is false, but R is true.

Answer 1

A is false, but R is true.

Explanation:

• A is false because a detailed plan of operations for a specific future period describes a budget, not a forecast.
• R is true because a forecast is an estimate/statement of probable future events.