The budget should use historical data:

Question

Quizplus · Accepted Answer

Historical data can be a helpful starting point for budget projections, but it should not be relied on as the only source of information. Things can change from year to year, so it's important to incorporate other factors into budget planning. Adding a growth factor without considering other variables could lead to inaccurate budget projections. Therefore, option A is the best choice as it acknowledges the importance of historical data but also emphasizes the need for additional analysis and forecasting.

The Budget Should Use Historical Data