A______ forecast predicts the revenues,costs,and expenses a firm will incur for a period of one year or less.

Question

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A short-term forecast predicts the financial activities of a firm for a period of one year or less. Tactical forecast deals with a period of one to three years, near-horizon forecast deals with a period of three to five years, and capital expenditures forecast deals with long-term investments and assets.

A______ Forecast Predicts the Revenues,costs,and Expenses a Firm Will Incur