It is FALSE that the expected level (value) of the forecasted quantity is the most important aspect of the forecast.
A forecast is an estimate of future trends using predictions of past and present data. A forecast assumes future repeatable patterns. However, a good forecast is:
Thus, since the actual values will always differ from forecasted values, the most important aspect of the forecast is not the expected value.
Learn more about forecasts at https://brainly.com/question/26143214
