Answer:
c. Accrue revenue by making an adjusting entry at the end of the period
Explanation:
As in the given situation since it is mentioned that the service is earned but not yet billed or collected so here the revenue is accrued so that the revenue could be recorded by recording the adjusting entry and there is an account receivable at the closing of the period.
Therefore according to the given options, the option c is correct and the same is to be considered
Forecast for week 6 = 9200
A weighted moving average emphasizes recent data while downplaying historical data. This is accomplished by increasing the price of each bar by a weighting factor. Weighted Moving Average will track prices more precisely than a related Simple Moving Average due to its special calculation.
In a weighted moving average approach, recent values of demand are given greater weight since they are more pertinent. As a result, we have
Forecast for week 6 = (Week 5 * 0.4) + (Week 4 * 0.3) + (Week 3 * 0.3)
= (11000 * 0.4) + (9000 * 0.3) + (7000 * 0.3) = 9200
Therefore, Forecast for week 6 = 9200
To know more about Weighted Moving Average Demand, refer to this link :
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Answer: Option C
Explanation: The given case, illustrates the law of diminishing marginal utility. As per this law, as the consumer consumes more and more of goods the marginal utility from every additional unit tends to decrease.
This makes the demand curve of the individual, slope downward. As the utility satisfaction decreases the price consumer willing to pay decreases .
Hence from the above we can conclude that the correct option is C.
Range is the measure of variation that is very sensitive to extreme values. It is the difference between high and low values, while standard deviation is the standard measure of variation.The range rule of thumb roughly estimates the standard deviation of a data set as s=range/4 , where s stands for standard deviation and
<span>range = Maximum - Minimum</span>