Which of the following would create transactional information?
A. Generating payroll reports.
B. Making an airline reservation.
C. A semistructured decision to hire more employees.
D. Projecting future sales growth.
Answer: B
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Your bank account pays an 8% nominal rate of interest. The interest is compounded quarterly. Which of the following statements is CORRECT?
A. The periodic rate of interest is 8% and the effective rate of interest is also 8%. B. The periodic rate of interest is 2% and the effective rate of interest is 4%. C. The periodic rate of interest is 8% and the effective rate of interest is greater than 8%. D. The periodic rate of interest is 4% and the effective rate of interest is less than 8%. E. The periodic rate of interest is 2% and the effective rate of interest is greater than 8%.
The traditional accounting model delays the recognition of value changes of assets and liabilities until what event occurs?
a. A change in value. b. A market transaction. c. A balance sheet date. d. Cash is received or cash is paid.
The ability to create an effective visual aid, or effectively interpret the meaning of a visual aid is called what?
A) Visual competency B) Visual literacy C) Axis awareness D) Design awareness E) Data visualization
Sales engineers are people with extensive knowledge of their product who also:
A) provide service on the product after the sale B) develop the product as part of the research and development team C) communicate the benefits of the product to the customers D) have advanced degrees in science or technology E) have graduate-level sales training