The methodology of combining forecasts is best described as
A. a moving average.
B. a simple average.
C. a weighted average.
D. a geometric average.
E. None of the options are correct.
Answer: C
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Which of the following statistics indicates the degree to which the variation in one variable, X, is related to the variation in another variable, Y?
A) covariance correlation B) inverse correlation C) product moment correlation D) bivariate correlation E) F-statistic
Answer the following statements true (T) or false (F)
1. ERP systems can integrate all of a company's functions, departments, and data into a single system. 2. The United States Bureau of Labor Statistics predicts that the manufacturing sector will account for the majority of projected job growth from 2014-2024. 3. In order to reach new markets, many companies are moving operations to other countries. 4. The value chain includes both the upstream and downstream activities of a business.
The work sheet should be prepared after the formal financial statements have been prepared
Indicate whether the statement is true or false
According to the Association of Certified Fraud Examiners (ACFE), what kind of damage does fraud do each year?
a. Companies, on average, lose five percent of their annual revenue. b. Companies, on average, have to fire or discipline 10 percent of their workforce annually. c. Customers are defrauded out of 10-15 percent of their investments or purchased services annually. d. Customers and clients lose roughly $200 billion annually.