Answer to Question #69103 in Accounting for Bibek rayamajhi
How does revenue forecasting affect the rest of the budget process?
The purpose of the financial forecast is to evaluate current and future fiscal conditions to guide policy and programmatic decisions. A financial forecast is a fiscal management tool that presents estimated information based on past, current, and projected financial conditions. This will help identify future revenue and expenditure trends that may have an immediate or long-term influence on government policies, strategic goals, or community services. The forecast is an integral part of the annual budget process. An effective forecast allows for improved decision-making in maintaining fiscal discipline and delivering essential community services.
I just wanted to say thank you guys so much for helping me get through my statistics class. Any area in math has never been my strong field and thanks to you guys I was still able to pass my course.
thanks to you and all the people on your team that helped in me passing my course. :-)