When Forecasting Total Demand for All Their Services or Products

question 75

Multiple Choice

When forecasting total demand for all their services or products, few companies err by more than:

• A) one to four percent.
• B) five to eight percent.
• C) nine to twelve percent.
• D) thirteen to sixteen percent.

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Definitions:

Customers List

A compilation of information on clients who purchase goods or services from a business, often including contact details and purchase history.

QBO

QuickBooks Online, a cloud-based accounting software designed for small and medium-sized businesses.

Future Sales Revenue

The anticipated income a company expects to receive from its future sales activities.

Customer Number

A unique identifier assigned to each customer for the purpose of tracking transactions and accounts in a business's record system.