Which of the Following Represents Time-Series Data

question 54

Multiple Choice

Which of the following represents time-series data?

• A)The length of time each of the top 100 stocks have been available on the NYSE.
• B)The most popular time of year that people purchase the top 100 stocks on the NYSE.
• C)The value of the #1 stock on the NYSE each month over a one-year period.
• D)All of these choices are true.

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Definitions:

Perpetual Inventory System

An inventory accounting system that records goods and materials purchased and sold in real-time through the use of computerized point-of-sale systems and enterprise asset management software.

Merchandise Inventory

Items that a business possesses with the intention of selling them to consumers.

Accounts Payable

Amounts a company owes to creditors for goods or services that have been bought on credit and are payable within a specified period.

Subsidiary Ledger

A detailed ledger that contains the details of transactions for individual accounts, which then summarize into the general ledger.