The purpose of the forecast should be established first so that the level of detail, amount of resources, and accuracy level can

Question

Zinaida [17]

3 years ago

9

The purpose of the forecast should be established first so that the level of detail, amount of resources, and accuracy level can

be understood.True / False.

Business

1 answer:

nadya68 [22] · Answer 1 · 2022-09-05T11:36:14+03:00

Answer: True

Explanation:

Yes, the given statement is true that the forecast are establish first so that we can easily understand the different types of factors such as amount of the resources, detail and the level of the accuracy.

The forecast is one of the technique that is used for the historical data or the information that helps in estimating the actual direction and also allocating their specific budget and different types of plans.

Therefore, The given statement is true as these all above given considerations are used for the purpose of forecast.