Which of the Following Methods Would Not Be Used to Forecast

question 46

Multiple Choice

Which of the following methods would not be used to forecast sales?

• A) extrapolation of past sales.
• B) predictions by senior management.
• C) statistical or mathematical techniques.
• D) working out the maximum production that can be achieved.

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Definitions:

Local Taxes

Taxes imposed by local government entities, such as municipalities or counties, including property taxes, sales taxes, and income taxes at the local level.

Federal Taxes

Taxes imposed by the federal government on income, corporate profits, and goods and services.

Civil Law Remedy

A legal solution provided through the court system to resolve disputes, compensate damages, or ensure restitution in non-criminal matters.

Mississippi Valley

A region in the United States surrounding the Mississippi River, known for its significant historical and geographical features.