Which of the following would be most helpful for a company looking to know the income potential during the next five years?
A) cash flow forecast
B) long-term forecast
C) short-term forecast
D) capital budget forecast

Question

Quizplus · Accepted Answer

The long-term forecast plays a crucial part in the company's long-term plan. The long-term financial forecast gives top management, as well as operations managers, some sense of the income or profit potential possible over a period of time greater than one year.

Which of the Following Would Be Most Helpful for a Company