13.5k views
1 vote
____ is a plan that is updated monthly or quarterly, dropping one period and adding another.

User Yeritza
by
8.0k points

1 Answer

4 votes

Final answer:

A rolling forecast is a plan that is regularly updated by dropping one period and adding another, providing a more up-to-date and flexible forecast compared to traditional static forecasts.

Step-by-step explanation:

The plan being described in the question is a rolling forecast.

A rolling forecast is a plan that is regularly updated, typically on a monthly or quarterly basis. It involves dropping the oldest period and adding a new one to the end, maintaining a specific forecast period.

For example, if a business is using a rolling forecast for its financial projections, it might update the forecast at the end of each month, dropping the oldest month's data and adding a new month's data. This provides a more up-to-date and flexible forecast compared to traditional static forecasts.

User Valentinas
by
8.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.