Question: information on past years ( e . g . , revenues for the past 3 - 5 years ) is important when preparing annual budgeting.

information on past years (e.g., revenues for the past 3-5 years) is important when preparing annual budgeting. It is because ______ generally does not change in a short period.
a) hotel reputation
b) weather forecast
c) competition
d) the state of the economy

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