Forecasting sales for a new business
A) uses the same approach as for an existing business
B) is the same for most industries
C) may involve different techniques depending on the industry
D) is a well-established science
E) is usually the last step in preparing the cash budget

Question

Quizplus · Accepted Answer

Forecasting sales for a new business may require different techniques depending on the industry, as each industry has its unique factors and market dynamics that influence sales.

Forecasting Sales for a New Business