A ________ Forecast Predicts the Revenues, Costs, and Expenses a Firm

question 146

Multiple Choice

A ________ forecast predicts the revenues, costs, and expenses a firm will incur for a period of one year or less.

• A) near-horizon
• B) short-term
• C) capital expenditures
• D) tactical

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Definitions:

Discrete Financial Information

Financial data that is separate and distinct, not continuous, often referring to specific reporting periods.

Generate Revenue

The process of creating income for a business through its operations, such as selling goods or providing services.

Managing Director (MD)

The senior-most executive in an organization or business, typically responsible for strategy, decision-making, and day-to-day operations.