Difference between revisions of "Projection"
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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. | ||
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| + | In psychology, psychological projection (or projection bias) is a defense mechanism in which one attributes one’s own unacceptable or unwanted thoughts or/and emotions to others. For an extreme example see [[homosexuality]]. | ||
[[Category:Business]] | [[Category:Business]] | ||
[[Category:Finance]] | [[Category:Finance]] | ||
[[Category:Accounting]] | [[Category:Accounting]] | ||
Revision as of 05:09, November 29, 2008
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.
In psychology, psychological projection (or projection bias) is a defense mechanism in which one attributes one’s own unacceptable or unwanted thoughts or/and emotions to others. For an extreme example see homosexuality.
