Which One of the Following Methods of Sales Forecasting Is

question 49

Multiple Choice

Which one of the following methods of sales forecasting is the most straightforward?

• A)jury of executive opinion method
• B)salesforce estimation method
• C)moving average method
• D)regression method
• E)disturbance handler method

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Definitions:

Beginning Inventory

The value of a company's inventory at the start of an accounting period, which is carried over from the end of the previous period.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated as the beginning inventory plus net purchases minus cost of goods sold.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.

Budgeted Production and Sales

An estimate of the amount of goods a company plans to produce and the sales it expects to achieve within a specific period, typically for planning and control purposes.