The Following Ratio-To-Moving Averages for the Seasonally Adjusted Series Were

question 33

Multiple Choice

The following ratio-to-moving averages for the seasonally adjusted series were found by the decomposition method applied on a time series representing quarterly sales for the last three years: By what percent does the sales in Quarter 4 exceed the average quarterly sales?

• A) 34.20%
• B) 38.41%
• C) 33.00%
• D) 35.71%

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Definitions:

Credit

An accounting entry that may either decrease assets or expenses or increase liabilities, equity, and income, recorded on the right side of an accounting ledger.

Trial Balance

An accounting report that lists all the balances in a company's ledger accounts, used to check the accuracy of bookkeeping entries.

Account Balance

The amount of money held in a financial repository, such as a bank account, at any given moment, reflecting all completed transactions.

Posting Errors

Mistakes made during the recording of financial transactions to the general ledger or subsidiary ledgers.