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Exam P1 All Questions
Exam P1 All Questions

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CIMA Operational P1 Question # 33 Topic 4 Discussion

P1 Exam Topic 4 Question 33 Discussion:
Question #: 33
Topic #: 4

Which TWO of the following statements are true for obtaining a reliable forecast from a time series?


A.

There must be an increasing trend.


B.

The past trend must continue in the future.


C.

The past pattern of seasonal variations must continue in the future.


D.

Extrapolation of the trend must be avoided.


E.

There must be a decreasing trend.


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