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8 April, 15:30

In making a sales forecast, the business owner can only use his best judgment to determine projected costs and revenues.

a. True

b. False

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Answers (1)
  1. 8 April, 16:07
    0
    False.

    The business owner should not only rely on his best judgement to determine projected costs and revenues. He should consider the trends in the market and his company performance on the previous months in order to make a sales forecast.
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