Gradual shifting of a time series to relatively higher or lower values over a long period of time is called

a. periodicity.
b. a cycle.
c. seasonality.
d. a trend pattern.


d. a trend pattern.

Business

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On May 1, the Chris Company borrowed $30,000 from the Third Street Bank on a 1-year, 6% note. If the company keeps its records on a calendar year, an entry is needed on December 31 to increase

a. Interest Expense, $600. b. Interest Expense, $1,800. c. Interest Payable, $900. d. Interest Payable, $1,200.

Business

Which of the following is NOT a frequent result of working outside one’s native country?

a. difficulty adjusting to a different language, culture, and society b. culture shock c. unknowing use of inappropriate behaviors d. loss of productivity

Business

A balanced transportation model should have ________ constraints

Fill in the blank with correct word.

Business

The primary issue in the Rooster, Hen, Footer and Burger case is:

A. The timing of revenue recognition and shipping date of merchandise B. The timing of expense recognition on accrual accounts C. The accounting for walnuts D. Related party transactions

Business