A Way to Make Forecasts More Responsible to the Most

question 89

True/False

A way to make forecasts more responsible to the most recent actual occurrences is to use weighted moving averages.

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Definitions:

Liabilities

Financial obligations or debts that a business or individual owes to others, which need to be settled over time.

Marketable Securities

Financial instruments that can be easily converted into cash, typically with high liquidity and short maturity periods.

Owners' Equity

The total assets of a business minus its total liabilities, representing the ownership interest of shareholders.

Computer Software

Consists of programs, procedures, and routines associated with the operation of a computer system.