30
QuizMultiple Choice

Unit Test — Unit test

Question 30 • AL-Career Preparedness

What can the forecasting function of a spreadsheet help businesses do?

Answer
A
track profit and loss patterns to predict likely future performance
B
use formulas to generate charts and graphs about financial information
C
create a system of bookkeeping that can be used by all employees
D
present information in a visual way that is easy to understand

Explanation

A forecasting function uses past and current data to estimate what may happen in the future. By tracking profit and loss patterns, a business can predict likely future performance. Creating charts or presenting information visually may help analyze data, but those tasks alone are not forecasting.

AI-written and checked against the verified answer.

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