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In time series decomposition, seasonality is often removed to observe the underlying trend, as it allows analysts to analyze the data without the cyclical variations. By isolating seasonality, we can better understand the long-term trend, which reflects the general direction of the data over time. Decomposition methods, like seasonal adjustment, are crucial when the goal is to highlight the trend in time series data for clearer forecasting. Option A (Noise) is incorrect because noise is random and doesn’t follow a regular pattern; it’s often filtered out rather than decomposed. Option C (Irregular Component) is incorrect as irregular components are random and not part of systematic decomposition. Option D (Trend) is incorrect because the trend is typically retained when seasonality is removed. Option E (Stationarity) is incorrect because stationarity is a characteristic of the series rather than a decomposable component.
A sale of Rs. 25,000 to A was entered as a sale to B. This is an example of _
________ the audit risks _________ the materiality and _______ the audit effort
Internal check is carried on by
Which of the following deductions is/are available as deduction from income under both the old and new tax regime of Income Tax?
Which auditing standard outlines the auditor's responsibilities relating to fraud in an audit of financial statements?
Suppose an NPO receives a donation of $10,000 from a donor. The entry to record this transaction would be as follows?
………………. Is a kind of audit is conducted between two annual audits
Which of the following statements is not true?
The scope of internal audit is decided by the :
Process of verifying the documentary evidences of transactions are known as: