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What is another word for account based forecast?
What is another word for account based forecast?
Solution
The other word for account based forecasting is Budgeting.
A Budget is a quantitative statement in a functional area forecasting the expected values. For
example, a cash budget estimates various cash inflows and cash outflows that can arise during
the controllable period. Thus accounting based forecast uses budgets as the means for estimating
the variables, so it is also called as budgeting.

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What is another word for account based forecast What is anothe.pdf

  • 1. What is another word for account based forecast? What is another word for account based forecast? Solution The other word for account based forecasting is Budgeting. A Budget is a quantitative statement in a functional area forecasting the expected values. For example, a cash budget estimates various cash inflows and cash outflows that can arise during the controllable period. Thus accounting based forecast uses budgets as the means for estimating the variables, so it is also called as budgeting.