A tracking signal greater than zero and a mean absolute deviation greater than zero imply that the forecast has:
A) no bias and no variability of forecast error.
B) a nonzero amount of bias and a nonzero amount of forecast error variability.
C) no bias and a nonzero amount of forecast error variability.
D) a nonzero amount of bias and no variability of forecast error.
B
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The purposes of audit services include all of the following EXCEPT:
A) establishing consumer profiles. B) measuring consumer sales and market share. C) analyzing distribution patterns. D) tracking new products. E) measuring competitive activity.
A performance management and evaluation system is mainly utilized to account for and report on financial performance
Indicate whether the statement is true or false
The amount of planned work scheduled and actual work assigned to a production facility for a specified period of time is a ______.
a. load b. production volume c. capacity d. work schedule
When revising the estimated cost at completion, there are two approaches. The EACre is determined by experts in the field and the EACf is a mathematical approach which assumes the CPI as the basis for forecasting cost at completion.
Answer the following statement true (T) or false (F)