If the Time Series Displays a Gradual or No Trend

question 58

True/False

If the time series displays a gradual or no trend and no evidence of seasonal variation,exponential smoothing is not an effective as a forecasting method.

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Definitions:

Mortgage Payable

A long-term liability account that records the amount owed on a property mortgage.

Current Assets

Items on a company's balance sheet anticipated to be cashed in, sold off, or utilized within the longer span of either one year or its operational cycle.

Current Liabilities

Obligations or debts that a company expects to settle within one year or within the normal operating cycle of the business.

Liquidity

The ease with which an asset, or security, can be converted into ready cash without affecting its market price.