Based on the Following Scatter Plot,which of the Time-Series Components

question 72

Multiple Choice

Based on the following scatter plot,which of the time-series components is not present in this quarterly time series?

• A)irregular
• B)trend
• C)cyclical
• D)seasonal

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Definitions:

Asset

An item or resource owned by an individual or a business, having economic value and expected to provide future benefits.

Direct Material

Raw materials that are directly incorporated into a finished product and can be easily traced.

Indirect Material

Materials used in the production process that can't be directly traced to a finished product, such as lubricants and cleaning supplies.

Storeroom

A designated space for storing inventory, tools, and materials, often found in a manufacturing or production facility.