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What term refers to an educated prediction of what the financial situation is likely to be in the relatively near future?

A. Forecast

B. Budget

C. Report

D. Risk analysis

User Cesarmart
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Answer:

A. Forecast

Step-by-step explanation:

A forecast is an educated prediction of the economic or financial performance of a country, city, or business, in the short term.

Economists and financial analysts often develop forescasts based on objective data. For example, economists forecast the performance of the economy: GDP, every year, for periods often as short as a month.

Financial analysts tend to focus on other metrics when developing forecasts: for example, share value, or yield curves.

User Szere Dyeri
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