Which of the Following Is True

question 14

Multiple Choice

Which of the following is true

• A) Nominal forecast errors cannot be negative.
• B) Nominal forecast errors are negative when the forecasted rate exceeds the realized rate.
• C) Absolute forecast errors are negative when the forecasted rate exceeds the realized rate.
• D) None of the above.

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Definitions:

Business Letters

Written communications on official company letterhead intended for formal purposes and external affairs.

Routine Informational Message

A common type of communication that conveys regular, essential information in a consistent format.

Bulleted List

A format used in written documents to present items or points in a clear, orderly manner, often marked by symbols such as bullets.

Block Formatting Style

A style used in written communications where all lines start at the left margin with no indentations, commonly used in business letters and emails.