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Which of the following is FALSE about exponential smoothing models?
Purchase Requisitions
Purchase requisitions are formal requests made within an organization to purchase goods or services, typically before a purchase order is created and allocated the necessary budget.
Purpose
The purpose behind why something is done, created, or exists.
Petty Cash Fund
A small amount of cash on hand used for minor or incidental expenses within a business.
Journal Entries
Records of financial transactions within the accounting system of a business, showing the accounts affected and the amounts involved.
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