What are the two methods of forecasting future revenues, as stated in the chapter?
A) The comparable method and the build-up method;
B) The comparable method and the distributed method;
C) The distributed method and the precise method;
D) The random method and the precise method;
E) None of the above.

Question

Quizplus · Accepted Answer

The two methods of forecasting future revenues mentioned are the comparable method and the build-up method. These methods are used to estimate future sales based on either comparisons to similar entities or by building up an estimate from individual components, respectively.

What Are the Two Methods of Forecasting Future Revenues, as Stated