Using the Latest Value in a Sequence of Data to Forecast

question 14

Multiple Choice

Using the latest value in a sequence of data to forecast the next period is:

• A)a moving-average forecast
• B)a last-value forecast
• C)an exponentially smoothed forecast
• D)a causal forecast
• E)None of the above

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Definitions:

Recognised Borrowings

Loans and other forms of financial debt that are acknowledged on a company's balance sheet as liabilities.

Forward Exchange Contract

An agreement between two parties to exchange a specified quantity of one currency for another at a specified exchange rate on a specified future date.

Exchange Gain

Exchange gain arises when a company holds foreign currency or transactions, and the exchange rate moves in its favor, increasing the value of the foreign currency held.

Loss

A decrease in net assets or wealth, often realized when expenses exceed revenues or when assets lose value and is reflected in the financial statements.