In using a moving average forecasting technique, as the number of averaging period, k, increases:
A) the forecast will respond more quickly to recent changes in the data
B) the forecast will be more accurate especially if the data exhibits a trend
C) the moving average will increase in value
D) the moving average approximates the weighted moving average
E) the moving average will smooth out variations
E
Business
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If closing is on May 19, what amount will be charged to the buyers on a total property tax of $4,320 paid by the sellers for the current tax year? Remember to use the standard number of days in the month.
a. $492 b. $504 c. $1,584 d. $1,728
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In 2015, self-employed individuals paid FICA taxes at a rate of
A) 1.45 percent. B) 7.65 percent. C) 13.3 percent. D) 15.3 percent.
Business