In a Trend Analysis,an Index Number of 139 for 20xx

question 67

Multiple Choice

In a trend analysis,an index number of 139 for 20xx sales indicates that

• A) sales for 20xx were 139 percent higher than sales for the same company in the base year.
• B) sales for 20xx for this company were 139 percent of the sales figure of another company being used in the comparison.
• C) sales for 20xx were 139 percent of the sales for the same company in the base year.
• D) actual sales for 20xx exceeded budgeted sales for 20xx by 39 percent.

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Definitions:

Meeting

An assembly of people for a specific purpose, such as discussion or decision-making.

Context Reframing

A technique in therapy and communication that involves changing the context or perspective of a thought or situation to see it in a more positive or manageable light.

Cognitive Restructuring

A psychotherapeutic process of learning to identify and dispute irrational or maladaptive thoughts known as cognitive distortions.

Functional Fixity

Describes a cognitive bias that limits a person to using objects or ideas in only the way they are traditionally used, hindering creativity and problem-solving.