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Financial Forecasting Techniques for Business Planning : A company is forecasting sales revenue for the next fiscal year based on historical data and market trends.

Financial Forecasting Techniques for Business Planning: A company is forecasting sales revenue for the next fiscal year based on historical data and market trends. Discuss quantitative and qualitative financial forecasting techniques, such as time series analysis, regression analysis, and expert judgment. Analyze the reliability and limitations of different forecasting methods in predicting future financial performance, identifying growth opportunities, and mitigating business risks.

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