A forecast is used to
A)determine the physical size of the plant.
B)determine future sales and revenue.
C)help plan for the hiring of personnel.
D)help plan for the purchase of equipment and machinery.
E)all of the above.

Question

Quizplus · Accepted Answer

A forecast is used to help make decisions related to all aspects of a business, including determining the physical size of the plant, future sales and revenue, planning for the hiring of personnel, and planning for the purchase of equipment and machinery. Therefore, the best choice is E, all of the above.

A Forecast Is Used to