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A projection is a financial estimate, prepared by a business, if certain events occur.  For example, a business may run a projection of estimated sales if they increase or decrease the price of their product.  Or they may project the impact, on cash flow, of a sale/leaseback arrangement of their head office buiding.
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A '''projection''' is a financial estimate, prepared by a [[business]], if certain events occur.  For example, a business may run a projection of estimated sales if they increase or decrease the price of their product.  Or they may project the impact, on cash flow, of a sale/leaseback arrangement of their head office buiding.
    
While a projection is not a forecast or a budget, it is often the basis for one or the other.
 
While a projection is not a forecast or a budget, it is often the basis for one or the other.
nsAm_Govt_101RO, nsAm_Govt_101RW
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