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Home > English > Business English > Business Communication

What is ‘financial forecasting’?

A. Ignoring future projections
B. The process of predicting future financial outcomes based on historical data
C. Only focusing on current finances
D. To create confusion

Answer: The process of predicting future financial outcomes based on historical data


Additional Information: Financial forecasting involves predicting future financial results based on past performance and market conditions.


Subjects: Business Communication, Business English

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