Answer the following statements true (T) or false (F)
1. Using expert opinions is an example of short-term time series forecasting methods.
2. Trend factors are a component of trend-adjusted forecast (TAF).
3. Exponential smoothing models are not very adaptive.
4. Leading indicators are frequently used to track cyclical fluctuations.
5. Mean absolute deviation (MAD) is used to evaluate the validity of the regression equation for forecasting.
1. False
2. True
3. False
4. True
5. False
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Which psychological empowerment belief is defined as the feeling of making a difference?
A. meaningfulness B. self-determination C. competence D. impact
Under U.S. GAAP, the classification of interest expense as an operating activity and dividends paid on common or preferred shares as a financing activity appears inconsistent to some observers as both are payments to suppliers of funds. Authoritative guidance requires the different treatments because
a. interest is an expense in computing net income. b. dividends represent a distribution of assets generated by net income not an expense reducing net income. c. interest represent a distribution of assets generated by net income not an expense reducing net income. d. dividends is an expense in computing net income. e. both choices a and b are correct.
Which of the following could give rise to an accountant's criminal liability?
a. Falsely completing a tax return. b. Tampering with accounting records. c. Advising a client to falsely complete his own tax return. d. All of these could subject an accountant to criminal liability.
Firms that are most likely to use backlogs tend to have a make-to-order strategy
Indicate whether the statement is true or false