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

---

Definitions:

Delaying Sales

The strategy of postponing selling activities or transactions to a future date to potentially achieve more favorable terms or prices.

Accelerating Expenses

Expenses that increase at a faster rate than usual, often leading to financial pressure on a business or project.

Economies of Scale

Businesses achieve cost benefits as a result of their operational size, where the cost for each produced unit diminishes as the size of operation expands.

Functional Lines

Divisions within an organization that are categorized based on specific functions or roles, such as marketing, finance, or operations.