When Preparing a Trend Analysis, a Trend Percent Is Computed

question 73

Multiple Choice

When preparing a trend analysis, a trend percent is computed as:

• A)current year divided by base year.
• B)dollar change in item divided by base year.
• C)base year divided by current year.
• D)dollar change in item divided by current year.

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Definitions:

Cycle Time

The total time from the beginning to the end of a process, including process and wait times, indicating the speed of production.

Pairwise Comparison

A technique used in decision-making and research for evaluating and comparing all pairs in a set of items to determine preferences, rankings, or the significance of differences.

Total Movement

Refers to the complete or aggregate amount of movement, often used in logistics and material handling to describe the flow of goods within a system.