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Autocorrelation may be detected by looking at a plot of the residuals against time.
Standard
A level of quality or achievement, especially one that is used as a point of reference.
Budget
An estimation of revenue and expenses over a specified future period of time, used by organizations for planning and controlling their financial resources.
Standard Cost
A predetermined cost of manufacturing, selling, or administering each product or service, used as a benchmark to measure performance.
Financial Statements
Reports that provide an overview of a company's financial condition in both short and long term, including balance sheet, income statement, and cash flow statement.
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