The usual starting point when developing a sales forecast is:
a. competitor's budget information.
b. last year's level of sales.
c. the cash budget.
d. the production budget.
Answer: b. last year's level of sales.
The usual starting point when developing a sales forecast is:
a. competitor's budget information.
b. last year's level of sales.
c. the cash budget.
d. the production budget.
Answer: b. last year's level of sales.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.