The shorter the budget period, the more reliable the estimates of future outcomes.

Name: The shorter the budget period, the more reliable the estimates of future outcomes.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Shorter budget periods allow for more accurate forecasting as they involve less uncertainty and are easier to predict. Additionally, shorter periods enable organizations to be more agile and adjust their strategies and budgets more frequently based on current market trends and performance.

The Shorter the Budget Period, the More Reliable the Estimates