Which of the Following Is a Qualitative Method of Sales

question 7

Multiple Choice

Which of the following is a qualitative method of sales forecasting?

• A) moving average method
• B) regression method
• C) product stage method
• D) jury of executive opinion method
• E) correlation method

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Definitions:

Accelerated Depreciation

A method of depreciation in which an asset loses book value at a faster rate than the traditional straight-line method.

Tax Purposes

The specific reasons or objectives behind the calculation or payment of taxes, often influencing financial decisions and reporting.

Modified Accelerated Cost Recovery System (MACRS)

A method of depreciation applied in the United States that allows for faster write-offs of assets to encourage investment.

Class Life

The expected useful lifetime of a fixed asset, which determines the depreciation rate for tax and accounting purposes.