Use Data Analytics In Performance Evaluation Practice Test

You are a newly licensed CPA at a private company preparing a strategic performance evaluation for expansion. The CFO provides 5 years of annual sales and notes a recurring seasonal spike each Q4; the decision is whether to sign a larger warehouse lease. What is the most effective method for forecasting sales growth?

You are a newly licensed CPA at a governmental entity performing an operational performance evaluation of a permit-processing unit. Historical monthly average days to issue permits over the last 12 months decreased from 18 to 12 days, while staffing levels remained stable; management asks whether the improvement is sustained to inform a service-level commitment. Based on the data provided, which trend analysis conclusion is most accurate?