James Is Preparing His Forecasts for the Coming Year

Multiple Choice

James is preparing his forecasts for the coming year. Which of the following kinds of scenarios should he prepare when forecasting and budgeting?

A) Best- and worst-case scenarios
B) Aggressive sales increases, conservative assumptions, and worst-case scenarios
C) Moderate sales increases, break-even, and worst-case scenarios
D) Most-likely, probably, and least-likely scenarios