Gradual shifting or movement of a time series to relatively higher or lower values over a longer period of time is called
a. seasonality.
b. a cycle
c. indexing.
d. trend.
d
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The Great Recession has most likely resulted in a(n)________
A) demand for private goods B) increase in cultural pollution C) decline in conspicuous spending D) increase in modern materialism E) desire for extravagant products
The adjustment to convert cash-basis collections from customers to accrual-basis revenue earned requires adding the ending balance in accounts receivable and subtracting the beginning balance in accounts receivable.
Answer the following statement true (T) or false (F)
A commission merchant would most likely sell which of the following?
A) agricultural products B) durable goods such as furniture C) convenience goods such as gum and candy D) clothing and textiles E) real estate
Which of the following risks do service providers face when they do not accurately predict and manage demand?
a. leveled demand b. insufficient capacity in the form of busy resources c. financial risk d. good customer service