Which of the Following Is a Difference Between a Forecast

question 50

Multiple Choice

Which of the following is a difference between a forecast and a projection?

• A) A forecast reflects conditions that may occur, whereas a projection reflects expected conditions based on current knowledge of trends in relevant factors.
• B) A forecast is typically for a short period, whereas projections can be made several years into the future projection.
• C) A forecast is based on hypothetical assumptions, whereas a projection is based on current knowledge of trends.
• D) A forecast invites rebuttal arguments of speculation and bias, whereas a projection is deemed to be the most appropriate indicator of expected future benefits.