If the removal of facts about one entity results in the unintentional loss of data about another entity, this is referred to as a(n) ________
A) normalization anomaly
B) insertion anomaly
C) update anomaly
D) deletion anomaly
D
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Contribution margin is calculated by deducting variable costs from sales
Indicate whether the statement is true or false
A company's ledger is:
A. A record containing all accounts and their balances used by the company. B. A list of all accounts a company uses with an assigned identification number. C. A collection of documents that describe transactions and events entering the accounting process. D. A journal in which transactions are first recorded. E. A record containing increases and decreases in a specific asset, liability, equity, revenue, or expense item.
Successful business strategies are grounded in creating and maintaining a competitive advantage that is
A. inflexible. B. sustainable. C. volatile. D. intangible. E. All of these are correct.
Picking pockets is larceny
a. True b. False Indicate whether the statement is true or false