A ________ Index Is a Weighted Aggregate Price Index

question 149

Multiple Choice

A ________ index is a weighted aggregate price index. It is accurate in its calculation of periodic prices. However, when using this index, it is difficult to compare the prices in different time periods.

• A) Paasche
• B) first-order autocorrelation
• C) Laspeyres
• D) cyclical (seasonal)

---

Definitions:

Sales Budget

A detailed plan that outlines projected sales for a future period, taking into account factors like marketing strategies and market conditions.

Sole Task

A sole task is a single duty or responsibility assigned to a person or a system.

Continuous Budgeting

A financial planning approach that involves continuously updating a budget by adding a new period as the current period is completed.

Revising Budgets

The process of reviewing and adjusting planned budgets based on actual performance and changing circumstances.