Planning Expenses and Investments
Joseph Boffa
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Joseph Boffa: Boston University
Chapter Chapter 7 in AI Assisted Business Analytics, 2023, pp 69-75 from Springer
Abstract:
Abstract When beginning the process of forecasting, it may be easier to start with expenses, not revenues. It’s much easier to forecast expenses than revenues since all successful businesses expend time and efforts to implement operational budgets to implement resource allocation and monitor performance. Regression has two statistical methods relevant in guiding the budgeting process:
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-40821-2_7
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DOI: 10.1007/978-3-031-40821-2_7
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