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Financial forecasting process starts with the preparation of balance sheet and then followed by the...

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Accounting

Financial forecasting process starts with the preparation of balance sheet and then followed by the preparation of income statement. The most important step and it drives all other items of financial statement forecasts is:

Select one:

a. The estimation of total equity

b. The estimation of total assets

c. The estimation of net income

d. The estimation of total sales

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