The percent-of-sales method provides the most accurate and detailed method of forecasting necessary funds.

Name: The percent-of-sales method provides the most accurate and detailed method of forecasting necessary funds.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The percent-of-sales method is a quick and simple method of forecasting funds needed, but it may not provide the most accurate or detailed forecast. Other methods, such as the regression analysis method, may provide more detailed and accurate forecasts.

The Percent-Of-Sales Method Provides the Most Accurate and Detailed Method