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What is the definition of financial forecasting?
Financial forcasting is the prediction of how something will happen. It is also the results of operations and cash flows based on the expected conditions.
How do you do the factory budget?
Budgeting and forecasting are business processes essential to a company's operations. Budgeting involves planning for revenues and expenses. Forecasting is a method of predicting trends based on historical and current.
Is Completion of Production method accepted by GAAP?
it is acceptable according to GAAP only in the extraordinary circumstances when forecasting the amount of work completed to date is not possible.
What does one do to make a cash flow forecast?
Cash flow projection is the most powerful tool in cash management. It enables companies to see the cash flowing in and out of an organization. The direct method of cash flow forecasting is to use the direct cash receipts and disbursements method.
What is financial performance analysis?
Financial performance analysis is the method of correctly establishing the relationship between the profit and loss account and the things on the balance sheet. The information is used to identify the financial weaknesses and strengths of a firm.
Discuss the shortcomings of the percent of sales method of financial forecasting?
The percent of sales method of forecasting needs to based on a series of assumptions, and the forecasting would heavily relay on the percent of sales as the key tool for forecasting. Furthermore, the percentage of sales for the next period cannot prevent the forecasting result from the expectations of the investors.
What method of forecasting uses the effects of past weather conditions as part of its forecasting method?
analog method
What method of forecasting uses the effects of past of weather conditions as part of its forecasting method?
analog method
What is the oldest and most important method of forecasting the future?
Judgmental forecasting is the oldest and still the most important method of forecasting the future.
Being the finance manager of a company how will you make a financial forecasting?
Being the Finance Manager of a company how will you make a financial forecasting?
Does anyone make financial forecasting software for Forex?
Investopedia makes a financial forecasting software for Forex. You can visit their website at www.investopedia.com.
What is financial forecasting?
Financial forecasting is a prediction of the economy in the future based on current trends and other statistics such as national wealth and global market status.
Mention the method of sales forecasting?
There are many methods of sales forecasting. One method is to look at what has happened in the past and based on that, predict the future.
Is there financial forecasting software available for purchase and download?
Yes, there are financial forecasting software available for purchase and download. You can find them at www.freedownloadscenter.com/Business/Finance/FinPro.html
How will a finance manager make a financial forecasting?
AA
Financial project on Financial planning and forecasting?
A project that would accurately showcase financial planning and forecasting would be a budgeting project. A budget would clearly show the value in planning and being able to predict future financial costs.
In demand forecasting important method used in trend projection is?
Delphi method
