Answer:
False
Explanation:
Forecasting demand is a practice of using historical data about demand to predict likely future demands of certain goods and services.
The simple moving average as the name implies uses the average overall trend in determining the forecasted value.It does not emphasize on recent demand trends.
The conventional weighted moving average emphasizes more on recent demand trend by selecting demands data that are close to the period being forecasted
I believe the answer is: Business strategy should drive IS decision making
Decision making process is created in order to ensure the business take up the correct approach to fulfilling its goals. Making sure that the decision fit the strategy is extremely beneficial because it would does not require many adjustment that throw the employees off their work flow.
Answer:
Share.
Explanation:
Risk can be defined as the possibility of a bad occurrence which could be as a result of external factors. It could also be referred to as an uncertainty that is when things do not likely work out as initially planned.
Risk is an unplanned eventuality which could have a positive or negative impact on a business. Ability to manage risk is a very vital part for the growth of the company.
Share risk response approach is used when a situation arises and the organisation cannot tackle it on their own, this forces them to employ the services of another company so that they can both share resources and work together for the completion of the project. In this type of strategy the profit realized is shared equally between both parties.
The accrual basis of accounting states that “expenses are matched with related revenues and are reported when the expense is incurred, not when cash changes hand”. Therefore, adjusting entries are required because of the matching principle in accounting.
Answer:
FV= $26,167.17
Explanation:
Giving the following information:
Quarterly deposit= $1,200
i= 0.036/4= 0.009
n= 5*4= 20
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
FV= {1,200*[(1.009^20) - 1]} / 0.009
FV= $26,167.17