Which of the following statements correctly describes the contribution of 
to 
Definitions:
Sales Forecast
An estimate of the quantity of goods or services a company believes it will sell in a specific period.
Budgeting Process
The budgeting process is a systematic approach to creating a financial plan for a defined period, detailing an organization's projected revenues, expenses, and cash flows.
Direct Labour
The workforce directly involved in the manufacturing process, whose wages are considered variable costs.
Long-Range Budgets
Financial plans that project revenues, expenses, and other financial details for a period of several years into the future.
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