Explain, briefly, why the larger number of periods included in a moving average forecast, the less well the forecast identifies rapid changes in the variable of interest
What will be an ideal response?
The larger the number of periods included in the moving average forecast, the less the average is changed by the addition or deletion of a single number.
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Brooks' Law holds true because a larger staff requires decreased coordination
Indicate whether the statement is true or false
A company purchased a machine for $100,000. The accumulated depreciation on the machine is now $100,000. Which of the following statements is TRUE regarding the disposal of the machine for no cash proceeds?
A) The cost of the asset, but not its accumulated depreciation, must be removed from the books. B) A gain or loss on the disposal can occur. C) The journal entry to record the disposal will decrease net assets. D) There will be no gain or loss on the disposal.