COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The general direction in which something is developing or changing is called a trend.
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True
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False
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Explanation:
Detailed explanation-1: -Trend. ”a general direction in which something is. developing or changing” (Oxford dictionary)
Detailed explanation-2: -A trend is the general direction in which something is developing or changing over time. A projection is a prediction of future change. Trends and projections are usually illustrated using line graphs in which the horizontal axis represents time.
Detailed explanation-3: -A trend is defined as the general direction in which something tends to move.
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