Give two limitations of the hierarchical database model?
The hierarchical database model forces users to navigate between data elements using predefined structured paths. Hierarchical database models also limit the degree of process integration and data sharing that can be achieved.
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Which is an example of a Cost incurred in an exchange?
a. loss of self-respect (from the perspective of the "client" of a nonprofit) b. the values received (from the perspective of the "client" of a nonprofit) c. acquiring a new idea (from the perspective of the "client" of a nonprofit) d. the nonprofit acquiring a new volunteer (from the nonprofit's perspective) e. quitting smoking – from the point of view of smoking cessation program
Recently, buyers have shown an unwillingness to pay more for improved packaging.
Answer the following statement true (T) or false (F)
Regarding retail sales in the U.S., it is true that
A. almost 75 percent of all retail sales are made by the largest stores-those with sales over $5 million a year. B. corporate chains account for about 50 percent of retail sales. C. franchising accounts for one-third of retail sales. D. consumers spend $5.5 trillion buying goods and services from U.S. retailers. E. All these answers are correct.
Pink Corporation owns 80 percent of Sink Company's voting shares. During 20X4, Pink produced 60,000 smart phones at a cost of $62 each and sold 45,000 smart phones to Sink for $93 each. Sink sold 26,000 of the smart phones to unaffiliated companies for $128 each prior to December 31, 20X4, and sold the remainder in early 20X5 to unaffiliated companies for $133 each. Both companies use the perpetual inventory systems.Based on the information given above, what amount of cost of goods must be eliminated from the consolidated income statement for 20X4?
A. $3,379,000 B. $806,000 C. $589,000 D. $3,596,000