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25 August, 04:19

TP5.

LO 7.2How might service industries predict revenue?

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Answers (1)
  1. 25 August, 06:42
    0
    Budgeting, forecasting and planning

    Explanation:

    Service industries uses budgeting, which includes expected sales and operational cost, to forecast, plan and predict revenue. With regards to forecasting; historical or past company data are used to make sound prediction.
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