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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1908 |
Essay's paper body
However, there is no detailed information about increasing premium level by 2% in 2006/2007 compared to year 2005/2006 (actual). Sales forecasting is a critical step in the budgeting process, and that it is very difficult to do accurately. Accurate forecasting of sales is so important to the budgeting process that managers at all levels of the business may participate in the forecasting...
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Accurate forecasting of sales is so important to the budgeting process that managers at all levels of the business may participate in the forecasting. Major factors that are considered will include on the sales forecast are:
o Past sales levels and trends for the company. Premium revenue in 2005/06 amounted to $117...
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