Answered: Estimating liquidity needs involves: A.…

Estimating liquidity needs involves: A. forecasting the level of future loan commitments and deposits B. establishing a liquidity budget C. forecasting interest rate levels D. a and c

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter13: Auditing Debt, Equity, And Long-term Liabilities Requiring Management Estimates

Section: Chapter Questions

Problem 20CYBK

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Question

Estimating liquidity needs involves:
A. forecasting the level of future loan commitments and deposits
B. establishing a liquidity budget
C. forecasting interest rate levels
D. a and c

Leveraging special tenchniques in analyzing historical data to predict future trends. Forecasting covers the methods and types of forecasting and their application to case studies.

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