Timeseries Analysis Method of Forecasting Sales Breaks Past Time Series

question 75

Multiple Choice

Timeseries analysis method of forecasting sales breaks past time series into four components- trend, cycle, seasonal, and ________.

• A) regular
• B) annual
• C) erratic
• D) recurring
• E) periodic

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Definitions:

Depreciation Expense

Dividing the expenditure associated with a tangible asset over its operational life.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting its decrease in value due to use, wear and tear, or obsolescence.

Depletion

The allocation of the cost of natural resources over their productive life, commonly used in industries like mining and forestry.

Amortization

The gradual reduction of a debt or the spreading of an intangible asset's cost over its useful life.