A time-series forecast, which is used to predict long-term trends, cyclic patterns, and seasonal variations, is one type of
A. organizational strength.
B. contingency planning.
C. trend analysis.
D. balanced scorecard.
E. strategy formulation.
C. trend analysis.
An example of trend analysis is a time-series forecast, which predicts future data based on patterns of historical data. Time-series forecasts are used to predict long-term trends, cyclic patterns (as in the up-and-down nature of the business cycle), and seasonal variations (as in Christmas sales versus summer sales).
You might also like to view...
A company provided $12,000 of consulting services and was immediately paid in cash by the customer. Identify the journal entry below that properly records this transaction.
A.
| Accounts Receivable | 12,000 | |
| Consulting Services Revenue | 12,000 |
B.
| Cash | 12,000 | |
| Consulting Services Revenue | 12,000 |
C.
| Accounts Payable | 12,000 | |
| Consulting Services Revenue | 12,000 |
D.
| Accounts Receivable | 12,000 | |
| Cash | 12,000 |
E.
| Consulting Services Revenue | 12,000 | |
| Cash | 12,000 |
The traditional conceptualization of intelligence is known as
A. integrative complexity. B. cognitive ability. C. emotional intelligence. D. perspective-taking ability.
MaryJo tells Fredrico, “I didn’t mean to disrupt your meeting.” She is engaged in which analytic conflict management tactic?
A. disclosing statement B. descriptive statement C. qualifying statement D. solicitation of criticism
A variable cost remains constant if expressed on a unit basis.
Answer the following statement true (T) or false (F)