Which of the Following Statements About Trend Analysis Is Correct

question 66

Multiple Choice

Which of the following statements about trend analysis is correct?

• A)Time-series analysis is an example of trend analysis.
• B)Trend data are always in dollars.
• C)Trend analysis is also known as vertical analysis.
• D)Common-size analysis is an example of trend analysis.

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Definitions:

Analytics

The systematic gathering and processing of data to make informed decisions.

Systematic Evaluation

A structured process of assessing performance, systems, or processes based on predetermined criteria to make improvements.

Information

Data that has been organized or presented in a meaningful way to be useful to the recipient.

Systematic Thinking

An approach to problem-solving that considers the broader system, including interactions and relationships between its parts.