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When the Smoothing Constant (α)Is Set to 1,then Exponential Smoothing

question 69

Multiple Choice

When the smoothing constant (α) is set to 1,then exponential smoothing is equivalent to ______.


Definitions:

Expense Account

An accounting entry that represents consumption of assets, decrease in owners' equity, or incurrence of liabilities during a period as a result of operational activities.

Asset Account

A classification within financial accounting that reports the value of a company's long-term resources, such as property, equipment, and intellectual property.

Computer

An electronic device that executes specific tasks or calculations according to a set of instructions or software.

Utilized

Employed or made use of effectively.

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