A Sales Forecast

question 65

Multiple Choice

A sales forecast

• A) shows a forecast for the firm only.
• B) shows a forecast for the industry only.
• C) shows forecasts for the industry and for the firm.
• D) plays a minor role in the development of the master budget.

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Definitions:

United States

A country located in North America, consisting of 50 states, and known for its significant cultural and economic influence worldwide.

Jobs

Positions of employment where individuals are hired to perform specific duties in exchange for compensation.

Suckling

The act of an infant drawing milk from the breast or bottle, a natural reflex necessary for nourishment in early life stages.

Myelin sheath

A fatty layer that surrounds the axons of some nerve cells, serving to speed up electrical impulses.