Podcast
Questions and Answers
What is business cycle forecasting?
What is business cycle forecasting?
Business cycle forecasting is the creation of conjectures about how the business cycle will unfold in the future.
How can an economist predict an economic boom?
How can an economist predict an economic boom?
An economist might predict an economic boom by observing that companies are hiring new workers at a fast pace and unemployment is falling.
What are the three possible actions to obtain, analyze, and report on business cycle forecasts?
What are the three possible actions to obtain, analyze, and report on business cycle forecasts?
The three possible actions are: 1. Report on published forecasts, 2. Subscribe to a forecasting service, 3. Develop an in-house forecasting model.
What is the purpose of cash forecasting controls?
What is the purpose of cash forecasting controls?
Signup and view all the answers
What is the purpose of the top row in a cash forecasting model?
What is the purpose of the top row in a cash forecasting model?
Signup and view all the answers
In a cash forecasting model, what follows the beginning balance row?
In a cash forecasting model, what follows the beginning balance row?
Signup and view all the answers
What is the role of short-term liquidity planning in cash forecasting?
What is the role of short-term liquidity planning in cash forecasting?
Signup and view all the answers
Which row in a cash forecasting model includes payments to suppliers?
Which row in a cash forecasting model includes payments to suppliers?
Signup and view all the answers
What component is crucial for a treasurer when updating a cash report daily?
What component is crucial for a treasurer when updating a cash report daily?
Signup and view all the answers
Why is it important for a business to tailor their cash forecasting model to specific objectives?
Why is it important for a business to tailor their cash forecasting model to specific objectives?
Signup and view all the answers
Which aspect does interest and debt reduction focus on in cash forecasting?
Which aspect does interest and debt reduction focus on in cash forecasting?
Signup and view all the answers
What does the bottom part of a cash forecasting model summarize?
What does the bottom part of a cash forecasting model summarize?
Signup and view all the answers
Which factor influences how effective a forecasting model will be in providing insights?
Which factor influences how effective a forecasting model will be in providing insights?
Signup and view all the answers
Why is monitoring a business's cash balance on a day-to-day basis crucial in short-term liquidity planning?
Why is monitoring a business's cash balance on a day-to-day basis crucial in short-term liquidity planning?
Signup and view all the answers
