Which of the Following Statements Is FALSE

question 3

Multiple Choice

Which of the following statements is FALSE:

• A)Time Series forecasting is based on the assumption that the future is an extension of the past
• B)Cause-and-Effect forecasting assumes that one or more factors are related to demand and,therefore,can be used to predict future demand
• C)All quantitative methods become less accurate as the forecast's time horizon increases
• D)It is generally not recommended to use a combination of both quantitative and qualitative methods

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Definitions:

Employment Laws

Regulations that govern the relationship between employers and employees, covering aspects like wages, work hours, and workplace safety.

Small Law Firms

Legal practices characterized by a small team of lawyers, allowing for close client relationships and specialization in niche areas of law.

Employee Contracts

Agreements between employers and employees that outline the terms of employment, duties, and compensation.

Purchasing Decisions

The process of deciding which goods or services to buy, considering factors like price, quality, and personal preferences.