Many managers simply average historical data to get a forecast of future results. Is that approach adequate?

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Financial Management for Public, Health and Not-for-Profit Organizations

ISBN: 978-1506326849

5th edition

Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell

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Question Posted: Nov 08, 2022 02:32 AM

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Many managers simply average historical data to get a forecast of future results. Is that approach adequate?
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Many managers simply average historical data to get a forecast of future results. Is that approach adequate?

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Financial Management for Public, Health and Not-for-Profit Organizations

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