Which of the following methods of forecasting sales is implemented by forming a jury of experts from a diverse population?
A) executive opinion method
B) sales force method
C) delphi method
D) moving averages method
C
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The level of production that is used by most firms for budget development because it represents a logical balance between maximum production capacity and the capacity demanded by actual sales volume is:
a. practical capacity. b. theoretical capacity. c. budgeted capacity. d. normal capacity.
An asset created by prepayment of an insurance premium is:
A. Recorded as a credit to Unearned Revenue. B. Not recorded in the accounting records until the insurance period expires. C. Recorded as a debit to Prepaid Insurance. D. Recorded as a credit to Prepaid Insurance. E. Recorded as a debit to Unearned Revenue.
Answer the following statements true (T) or false (F)
Most testing of the efficient markets hypothesis has dealt only with past information reflected in security prices.
A suggested approach to deleting products, in which each product is evaluated periodically to determine its impact on the overall effectiveness of the firm's product mix, is called a(n)
A. evaluation study. B. formal evaluation. C. product inspection. D. systematic review. E. reassessment examination.