Of the Four Components of the Multiplicative Time-Series Model, the Ratio

question 35

Multiple Choice

Of the four components of the multiplicative time-series model, the ratio of the time series to the moving average isolates the:

• A)trend and cyclical components.
• B)cyclical and seasonal components.
• C)seasonal and random variation components.
• D)four components.

---

Definitions:

Plantwide Overhead Rate

A single overhead allocation rate used throughout a manufacturing plant or entire facility, applied uniformly to all products or cost centers.

Activity-based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the activities that generate costs.

Activity-based Costing

A methodology that assigns manufacturing overhead costs to products in a more logical manner based on the activities that incur costs.

Floral Bouquets

An arrangement of flowers, typically designed and wrapped for decorative or gifting purposes.