Which of the following models can be used when demand exhibits both trend and seasonal patterns?
A. simple exponential smoothing
B. second-order or double smoothing
C. third-order or triple smoothing
D. complex exponential smoothing
C. third-order or triple smoothing
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At the end of an accounting period, the balance in the Finished Goods Inventory account is made up of the costs of products completed but not sold as of that date
Indicate whether the statement is true or false
Kari is the sole proprietor of Living Earth Garden Shop. As a sole proprietor, on the business's profits, Kari pays
a. no income taxes. b. only personal income taxes. c. only business income taxes. d. both personal and business income taxes.
According to the classical view of social responsibility, management's only social responsibility is to maximize profits.
Answer the following statement true (T) or false (F)
Which of the following conditions is a prerequisite for any agreement to be legally enforceable?
A) The parties entering into the agreement must be over the age of thirty-five. B) The agreement must be made in a court of law. C) The parties entering into the agreement must have the mental capacity to contract. D) The agreement must be signed in the presence of a third party who witnessed the proceedings.