Which of the following is NOT a possible time series pattern?
A. The trend
B. Seasonal variation
C. Random variation
D. Limited variation
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How is the seasonal variation calculated using the multiplicative model, if T = trend figure, S = seasonal variation and A = actual figure?
A. S = A / T
B. S = A x T
C. S = A - T
D. S = T+/- S
Which of the following is a suitable strategy for a short-term cash surplus?
A. Invest the cash surplus in a bank deposit account
B. Use the money to expand into new markets
C. Pay a dividend to shareholders
D. Use the money to upgrade non-current assets
Which of the following is NOT an example of a money market deposit.
A. Certificate of deposit
B. Government stock/bond
C. Local authority stock
D. Bank deposit
Which of the following is most important to the survival of a business?
A. Its profit
B. Its ability to pay dividends
C. Its ability to pay debts when they fall due
D. How much cash it has in the bank
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