All of the Following Are True About a Cyclical Pattern

question 8

Multiple Choice

All of the following are true about a cyclical pattern except

• A)it is often due to multi-year business cycles
• B)it is often combined with long-term trend patterns and called trend-cycle patterns
• C)it is an alternating sequence of data points above and below the trend line
• D)it is usually easier to forecast than a seasonal pattern due to less variability

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Definitions:

Tort Of Deceit

A legal wrong involving intentional misrepresentation or falsehood that causes harm to another.

Equitable Remedy

A legal remedy, usually issued by a court, which provides a solution deemed fair and just in situations where monetary damages are not sufficient.

Misrepresented

The act of presenting facts or information in a false or misleading way.

Breach Of Contract

The violation of a contractual obligation by failing to perform one's own promise, by hindering another party's performance, or by making it impossible.