Which of the Following Is True of a Sales Forecast

question 21

Multiple Choice

Which of the following is true of a sales forecast?

• A) It is the value received by a firm in return for a good or service.
• B) It is an estimate of the amount a firm expects to sell during a given period in the future.
• C) It represents the difference between revenue earned and expenses incurred.
• D) It is an estimate of the owners' share of the business, after liabilities are subtracted from assets.

Identify the scope of macroeconomics including its tools and objectives.

Understand economic variables and their measurement in time frames.

Recognize the impact of economic policies on national and global economic performance.

Understand the role and functions of money in an economy.

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