A ________ Is a Conservative Estimate of the Expected Volume

question 143

Multiple Choice

A ________ is a conservative estimate of the expected volume of sales for a business, primarily for making purchasing, production, and cash flow decisions.

• A) sales budget
• B) company sales forecast
• C) sales quota
• D) company sales potential
• E) market potential

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Definitions:

Percentage

A rate, number, or amount in each hundred.

Income Distribution

A measure of how a nation’s total GDP is distributed amongst its population.

Incentive

something that motivates or encourages an individual or entity to perform or act in a certain manner.

Poverty Line

A threshold income level below which an individual or household is considered to be living in poverty, varying by country and adjusted for family size.