A Sales Forecast for the Coming Year Would Reflect

question 113

Multiple Choice

A sales forecast for the coming year would reflect

• A)any past trend which is expected to continue.
• B)the influence of any events that might materially affect the past trend.
• C)both A and B.
• D)neither A nor B.

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Definitions:

Property

Assets or possessions, either tangible or intangible, owned by individuals or entities.

Restrictive Covenant

A promise to use or not to use one’s land in particular ways.

Homeowners' Association

An organization in a subdivision, planned community, or condominium building that makes and enforces rules for the properties and its residents.

Rentals

Payments made periodically for the use of someone else's property or equipment.