A Chain-Ratio Method of Sales Forecasting,or a Buildup Process,is Frequently

question 40

True/False

A chain-ratio method of sales forecasting,or a buildup process,is frequently used for consumer products forecasting.

---

Definitions:

Resource Consumption

The amount of resources used by an activity, process, or production.

Activity-based Costing

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

First-stage Allocation

The initial process of assigning indirect costs to various cost pools in activity-based costing, before applying these costs to products or services.

Parts Administration

The management and oversight of components and parts used in manufacturing or production, including procurement, storage, and distribution.