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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

Accounting Aug 28, 2020

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.

(d) forecasts based on the results of the completed annual budget.

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