A Time-Series Forecast, Which Is Used to Predict Long-Term Trends

question 45

Multiple Choice

A time-series forecast, which is used to predict long-term trends, cyclic patterns, and seasonal variations, is one type of

• A)organizational strength.
• B)contingency planning.
• C)trend analysis.
• D)balanced scorecard.
• E)strategy formulation.

---

Definitions:

Personal Income Tax

A tax levied on individuals or households based on their income, including wages, dividends, and interest.

Regressive

This term usually applies to a tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower-income earners.

Bush Tax Cuts

A series of temporary income tax relief measures enacted by President George W. Bush in 2001 and 2003, aimed at stimulating the US economy.

Percentage Tax Rate

The portion of one's income or the cost of a transaction that must be paid as tax, expressed as a percentage.