Knowing the Seasonal Pattern in the Form of Indexes Allows

question 12

True/False

Knowing the seasonal pattern in the form of indexes allows the retailer to deseasonalize sales. This is accomplished by dividing the actual sales for a month by the seasonal index for that month.

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Definitions:

Functions

The roles or activities that are natural to or intended for an individual or thing.

Prevent

To stop something from happening or to hinder certain actions by taking proactive measures.

Stock

Shares representing ownership in a corporation, entitling the shareholder to a portion of the company’s profits and assets.

Testator

An individual who has made a will to dictate how their estate should be managed and distributed after their death.