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CS Executive · Corporate Accounting and Financial Management · Forecasting Financial Statements

Which of the following forecasting techniques is a qualitative method that relies on collecting opinions from a panel of experts through successive rounds of questionnaires, with anonymous feedback between rounds?

The Delphi method is the qualitative technique in which a panel of experts answers successive questionnaires anonymously, with summarised feedback after each round, until opinions converge. The other options are quantitative or statement-projection methods that use numerical data rather than expert opinion.

  1. ADelphi methodCorrect
  2. BMoving average method
  3. CRegression analysis
  4. DPercentage of sales method

Explanation

The Delphi method gathers expert views through repeated anonymous questionnaires until a consensus emerges. Moving average and regression are quantitative time-series or causal techniques, and the percentage of sales method is a financial-statement projection technique based on sales.

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