Which of the Following Statements Is True About Accelerating the Forecasting

question 96

Multiple Choice

Which of the following statements is true about accelerating the forecasting process?

• A)Forecasts will be more accurate when the randomness of the actual demand is not considered.
• B)Forecasts will be more accurate when the forecasters can access current changes in demand quicker.
• C)Forecasts can be accelerated when processes used to collect demand data are manual.
• D)Forecasts will be more accurate when the forecasters take more time to access current changes in demand.

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Definitions:

Partnership Relationship

The legal and operational relationship existing between partners in a business venture, governed by a partnership agreement.

Obligations

Duties or responsibilities imposed by law, contract, or social norms.

Dissolved

The process of legally ending the existence of an entity such as a corporation.

Liability Of Partners

The legal responsibility of each partner in a partnership for the debts and obligations of the business, which can be joint or several depending on the jurisdiction and partnership agreement.