As part of the budget processing,a(n)__________ is often included to understand potential total company profitability.
A)sales forecast
B)Delphi forecast
C)industry potential
D)market potential

Question

Quizplus · Accepted Answer

A sales forecast is often included as part of the budget processing to understand potential total company profitability. It helps in estimating the expected sales revenue based on past sales data, industry trends, and market conditions. This information is critical to determine the company's budget, expenditure, and profitability. Delphi forecast, industry potential, and market potential are not directly related to budget processing or profitability estimates.

As Part of the Budget Processing,a(n)__________ Is Often Included to Understand