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Why is the sale forecast the starting point?

Updated: 9/17/2019
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Q: Why is the sale forecast the starting point?
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Related questions

What is The usual starting point for a master budget?

the sales forecast or sales budget.


Is usual starting point in budgeting is to make a forecast on net income?

No, past performance is the starting point used to formulate future budget goals.


What is the difference between point forecast and prediction interval forecast?

A point forecast is a single answer e.g. it is going to rain at 1pm. An interval forecast is based on uncertainity e.g. it is going to rain between 12pm and 2pm. An interval forecast is used because a forecast is always precisly wrong and appromatley right, y.e. don't give a precise answer because it will be wrong.


Is cash flow projection is the same as sale forecast?

Yes cash flow projection is same like sales forecast. In sale forecast market data is used to determine the future sales while in cash projection all sales purchases projection is done to find out when will cash inflow and outflow occur.


Related foreign literature of point of sale?

point of sale


Is point of sale hyphenated?

Point of sale is a business term used to describe when the retail transaction is complete. The phrase "point of sale" is not hyphenated.


What does POS and SEL mean in retail merchandising?

Point of sale


When is the PS4 coming out for sale?

For the 2013 holiday season release of preorders are being forecast for December 31 2013


Is point-of-sale hyphenated?

Only if you are using it to describe something: a point-of-sale terminal.


Example System for point of sale?

POS or point of sale means the point at which the sale is happend. we could see the examples of pos even from our nearest retail outlets.


What is the point of cashflow forecast?

A cashflow forecast is very important in financial management. It plans the future cash requirements so the company can avoid going into a crisis of liquidity.


Which terminals are often connected to complex inventory and sales computer?

point-of sale