What is often the most difficult aspect of budgeting?
A)forecasting sales because it involves considerable subjectivity.
B)forecasting sales because it involves considerable objectivity.
C)forecasting production requirements because it involves considerable subjectivity.
D)forecasting production requirements because it involves considerable objectivity.

Question

Quizplus · Accepted Answer

Forecasting sales is often the most difficult aspect of budgeting because it involves predicting future demand for a product or service, which is highly subjective and can be influenced by various factors such as economic conditions, consumer behavior, and competition.

What Is Often the Most Difficult Aspect of Budgeting