Question: Forecasting involves: (a) projecting the budget forward (b) guessing how the year will turn out (c) using formulae in spreadsheets (d) updating the budget based

Forecasting involves:

(a) projecting the budget forward 

(b) guessing how the year will turn out 

(c) using formulae in spreadsheets 

(d) updating the budget based on more up-to-date actual figures

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