Random variation is one of the four different components of a time series. It is caused by irregular and unpredictable changes in a time series that are not caused by any other component. It tends to mask the existence of the other more predictable components

Indicate whether the statement is true or false


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Business

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ABC Enterprises sold 9,000 units @ $2.99/unit in July. The firm sold 9,000 units @ $4.29/unit in August. This illustrates a(n)________ price

A) derived B) negotiated C) fluctuating D) elastic E) inelastic

Business

Assume a government is determined to be a special-purpose government engaged in business-type activities only. Which of the following financial statements would be required?

A. Statement of Net Position, Statement of Revenues, Expenses, and Changes in Net Position, Statement of Cash Flows. B. Statement of Net Position, Statement of Activities, Statement of Cash Flows. C. Statement of Net Position and Statement of Activities. D. Balance Sheet, Statement of Revenues, Expenditures, and Changes in fund Balances.

Business

Which of the following statements is true about negotiation and settlement?

A) It is a formal ADR method that delivers a verdict. B) Most lawyers attempt negotiation before taking a case to trial. C) It involves an independent or neutral third party. D) It is mandatory for both the parties to be represented by a lawyer.

Business

Section 8(b)(2 ) is violated when unions force employers to:? A) ?discriminate employees because of his internal union activities

B) form in-house unions.? C) form collective bargaining units.? D) allow them to engage in Whipsaw Strikes.

Business