52. Which of the following forecasting techniques is s moving average? a. Trend Projection b. Exponential Smoothing c. Causal Modelling d. Associative Modelling 53. In exponential smoothing technique of forecasting, when the previous periods forecast to zero, the equation that results depicts the technique known as a. Simple Moving Averages b. Weighted Moving Averages c. Trend Projection d. Nave Approach 54. Who is responsible for planning? a. Top Level Managers b. Middle Level Managers c. Supervisory Managers d. All the above 55. When profits are reinvested into the company, it is termed a. Dividends b. Retained Earnings c. Capital d. Net Worth 56. Accounting and reporting to satisfy inside demand for accounting information is termed a. Financial Accounting b. Management Accounting c. Booking d. Costing 57. The balanced sheet gives a. A period in time estimate of the business b. A point in time estimate of the organization c. A view of profitability of the company d. Gives an indication of what sales the business has made against its liabilities. 58. At what stage in the income statement is income tax deducted? a. After gross profits b. After interest expense c. After net income d. Income tax is not applied to the Income Statement 59. Acid Test Ration is a a. Current Ratio b. Leverage Ratio c. Activity Ratio d. Performance Ratio