When Discovering Trends and Seasonal Variations in Transactional Information,use a ________________

question 265

Multiple Choice

When discovering trends and seasonal variations in transactional information,use a ________________ forecast to change the transactional information by units of time,such as transforming weekly information into monthly or seasonal information or hourly information into daily information.

• A)Analytical graphing
• B)Association detection
• C)Market basket
• D)Time-series

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Definitions:

Adjusting Entries

Toward the end of an accounting period, entries are made to attribute revenues and expenditures to the period in which they essentially occurred.

Stockholders' Equity

The residual interest in the assets of the entity after deducting liabilities, representing the ownership interest of shareholders.

Depreciation Expense

The amount of an asset’s cost that is allocated as an expense over a specific accounting period, reflecting its usage and wear and tear.