A TIME SERIES Forecasting Model in Which the Forecast for the Next

question 132

Multiple Choice

A TIME SERIES forecasting model in which the forecast for the next period is the actual value for the current period is the

• A)Delphi model.
• B)Holt's model.
• C)naïve model.
• D)exponential smoothing model.

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Definitions:

Subsidiary Ledger

A detailed ledger that contains the accounts of specific areas of business, supporting data for accounts in the general ledger.

Accounts Receivable

Financial obligations of customers towards a business for delivered products or services awaiting payment.

Discount Period

The time frame within which a payment can be made at a reduced rate.

Asset Account

An account on a balance sheet representing resources owned by a company that have economic value.