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Homework answers / question archive / Incremental fixed assets included in the financial forecast are: (a) proportional to incremental sales, in the same proportion as base fixed assets are to base year sales
Incremental fixed assets included in the financial forecast are:
(a) proportional to incremental sales, in the same proportion as base fixed assets are to base year sales.
(b) drawn from the capital budget which is prepared before the financial forecast.
(c) the result of a complex proposal and approval process.
(d) forecasts based on the results of the completed annual budget.