9) Using more data points in a simple moving average will have which effect?

a. It will exaggerate seasonality

b. Random movements will have a greater impact on the forecast

c. It will require using the same number of periods when calculating the alpha value

d. A change in trend from positive to negative will be missed by a greater margin

10) Under the percentage-of-sales method, which pro forma balance sheet item is typically forecasted as a percentage of sales from the pro forma income statement?

a. None are because the balance sheet is stated for a duration of time rather than as of a point in time

b. Notes payable

c. Inventory

d. Net fixed assets