Derrick is creating a constructed forecasted financial statement. Which of the following would inhibit a more accurate statement?

There are several factors that could inhibit the accuracy of a forecasted financial statement. Here are a few:

1. Lack of historical data: If Derrick does not have access to accurate and relevant historical data, it will be difficult for him to make accurate forecasts. Historical data is often used as a basis for predicting future trends.

2. Economic conditions: Changes in the economy, such as inflation, interest rates, and economic growth, can significantly impact a company's financial performance. If these factors are not accurately accounted for in the forecast, it could lead to inaccurate results.

3. Market competition: Changes in the competitive landscape