The results of forecasting asset requirements for a startup business will only be as good as its
A) conjectures
B) assumptions
C) historical data
D) primary data

Question

Quizplus · Accepted Answer

Forecasting asset requirements for a startup business involves making assumptions about future projections and estimates. Therefore, the accuracy of forecasting depends on the quality and reliability of those assumptions. Historical data and primary data, although useful, are not the sole determinants of a reliable forecast.

The Results of Forecasting Asset Requirements for a Startup Business