What is the purpose of a database?
What will be an ideal response?
The purpose of a database is to keep track of things. Lists of data involving a single theme can be stored in a spreadsheet; while lists that involve data with multiple themes require a database. Thus, the purpose of a database is to keep track of things that involve more than one theme.
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______________________________ implies that Generally Accepted Accounting Principles (GAAP) and International financial Reporting Standards (IFRS) will blend together, with differences reconciled, and ultimately we will have one set of standards that can be used worldwide
Fill in the blank(s) with correct word
The Fraud Triangle consists of motivation, opportunity, and ______.
A. accomplices B. foresight C. justification D. intelligence
Quest Resources, Inc, contracts with Ring Communications Corporation (RCC) for RCC to design and build an all-weather communications sys-tem for Quest's field operations. RCC builds the system, but it func-tions effec-tively only in good weather. Is this a breach of the contract? If so, what remedies does Quest have?
For a creditor to have an enforceable security interest, the debtor must have title to the collateral.
Answer the following statement true (T) or false (F)