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CAF-3 · Chapter 13 · Question 14 of 15

An accountant uses Predictive Analytics to forecast the company's cash flow shortages for the upcoming winter season, advising management to secure a short-term loan in advance. This scenario highlights the accountant acting as a:

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Reveal answer & explanation

Correct answer: B) Strategic Advisor

Explanation

By using predictive models to forecast future business scenarios and providing actionable advice to management, the accountant has stepped into the modern Strategic Advisor role

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