Why is forecasting important and what is the process

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Reference no: EM13369904

Why is Forecasting important and what is the process? Compare to budgeting.

Why is forecasting is important in an organization and how the process of forecasting works?

How does forecasting compare to the budgeting process and can you explain how it contrasts with it.

What is the role of projected financial statements in the budgeting process?

Reference no: EM13369904

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