Gradual Shifting of a Time Series to Relatively Higher or Lower

question 2

Multiple Choice

Gradual shifting of a time series to relatively higher or lower values over a long period of time is called

• A) periodicity.
• B) cycles.
• C) seasonality.
• D) trend.

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Definitions:

Original Cost

The initial monetary value of an asset, including the purchase price and any related acquisition costs, but before depreciation or amortization.

Decrease

A reduction or decline in quantity, size, or overall value of an item or entity.

Investing Activity

Transactions involving the purchase and disposal of long-term assets and other investments, not including cash equivalents, part of a company’s cash flow statement.

Other Income

Revenue from non-primary business activities, such as rent, patents, or interest earnings, not related to the company's main business operations.