Forecasting revenues and expenditures entails:

• A. Printing annual reports.
• B. Analyzing historical data, assessing trends, and considering economic factors to predict future financial needs.
• C. Scheduling bus routes.
• D. Selecting school logos.

Answer: (B)

Forecasting revenues and expenditures is about predicting future financial needs by looking at what happened in the past and how trends or external factors might influence those numbers. The best choice captures this approach: analyzing historical data, assessing trends, and considering economic factors to estimate future income and costs. Printing annual reports is about communicating results after the fact, not predicting future needs. Scheduling bus routes and selecting school logos are related to operations and branding, not financial forecasting.