Aging the market data to a point halfway through a plan year is called _____.
A)leveling
B)updating
C)lead/lag
D)matching

Question

Quizplus · Accepted Answer

Aging is the process of adjusting market data or historical sales data to account for differences in timing so that it can be used for forecasting. Lead/lag is a method of aging market data to a point halfway through a plan year. Thus, the correct choice is C, lead/lag. Leveling is a method of smoothing data over time, updating is the process of adding the latest data available, and matching is not a term related to aging market data.

Aging the Market Data to a Point Halfway Through a Plan