Which of the Following Is a Suggested Source for Forecasting

question 39

Multiple Choice

Which of the following is a suggested source for forecasting sales for a new business?

• A)Industry projections
• B)Factory capacity
• C)Projected production.
• D)Time and motion studies.

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Definitions:

Suppliers

They are businesses or individuals that provide the goods or services that companies need to operate and produce their own goods.

Internal User

An internal user is an individual within an organization, such as managers and employees, who uses the financial information to make decisions regarding the operations of the company.

Accounting Data

Accounting data encompasses all the financial information and records of a business’s transactions, including sales, purchases, expenses, and revenues.