A forecast based on the previous forecast plus a percentage of the forecast error is a(n):

A) qualitative forecast.
B) naive forecast.
C) moving average forecast.
D) weighted moving average forecast.
E) exponential smoothing forecast.


E

Business

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For a non-interest-bearing note, the maturity value of the note includes both principal and interest

Indicate whether the statement is true or false

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In confirming accounts receivable, an auditor decided to confirm customers' account balances rather than individual invoices. Which of the following most likely would be included with the entity's confirmation letter?

A. A client-prepared letter reminding the customer that a nonresponse will cause a second request to be sent. B. An auditor-prepared letter explaining that a nonresponse may cause an inference that the account balance is correct. C. An auditor-prepared letter requesting the customer to supply missing and incorrect information directly to the auditor. D. A client-prepared statement of account showing the details of the customer's account balance.

Business

Which of the following refers to the homework part of the new product development process?

A) implementing a good project prioritization process B) keeping a strong market orientation throughout the new product development process C) spending time on up-front activities before the product is launched D) high-quality execution of the steps of the process

Business

Which type of gesture has one set meaning that almost everyone agrees on?

A. illustrators B. emblems C. regulators D. adaptors

Business