________ Indicates a Forecast Is Biased High $\overline { \mathrm { E } }$

question 68

Multiple Choice

________ indicates a forecast is biased high.

• A) Large + \(\overline { \mathrm { E } }\)
• B) Large - \(\overline { \mathrm { E } }\)
• C) Large : \(\overline { \mathrm { E } }\)
• D) Large x \(\overline { \mathrm { E } }\)

---

Definitions:

Cost Flow

The pattern in which costs move through a business, beginning with the acquisition of raw materials and ending with the delivery of final products to consumers.

First-In, First-Out

A method of valuing inventory that presumes items are sold in their purchase sequence, first selling the oldest products.

Purchase Order

An official document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

Approved Vendor

A supplier who has been vetted and meets a company's criteria for quality, reliability, and price.