Which of the Following Time-Series Components Can Be Identified When

question 101

Multiple Choice

Which of the following time-series components can be identified when a company has 12 weeks of data beginning January and extending through March?

• A) Seasonal component
• B) Random component
• C) Trend component
• D) Both B and C

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Definitions:

Property Plant and Equipment

Long-term tangible assets used in the operation of a business, such as buildings, machinery, and vehicles.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the business's operating cycle, whichever is longer.

Current Liabilities

Financial obligations that a company is expected to pay within one year or within its operating cycle, whichever is longer.

Obligations

Legal or financial duties that one party owes another, such as debt repayment or service delivery.