Question

16) Which of the following is for restricted use

	Forecast	Projection
a)	No	Yes
b)	Yes	No
c)	Yes	Yes
d)	No	No

Answer 1

Correct answer is: a)

Explanation:

Projections are prepared for special purpose and are prepared to present one or more hypothetical courses of action for evaluation in response to question such as 'what would happen if......?' The projections are intended to be used solely by the specified parties. Hence it is for restricted use.

Forecast is based upon responsible party's assumption reflecting conditions it expect to exist and course of action it expects to take. These are for general use.

Hence option a) is correct.

Options b) and d) are incorrect as projections are for restricted use.

Option c) is incorrect as Forecast are for general use..