Which of the following statements is true of dimensional databases?
A) They store millions of static online analytical processing (OLAP) reports.
B) They are structured to support OLAP processing.
C) They specialize in sorting functions alone.
D) They specialize in filtering functions alone.
B
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Ranger Company uses a periodic inventory system. If the company's beginning inventory in the current year is overstated, and that is the only error in the current year, then the company's income for the current year will be
a. understated and assets correct. b. understated and assets overstated. c. overstated and assets overstated. d. understated and assets understated.
Answer the following statements true (T) or false (F)
With SFAS No. 95, the FASB chose to follow the entity model rather than the traditional income statement (proprietary) approach.
Franchising is a form of licensing that now is very common in international business
Indicate whether the statement is true or false
During the economic downturn that occurred between the fall of 2007 and spring of 2009, stocks declined in price. This period is known as a(n)
A) hare market. B) tortoise market. C) bull market. D) bear market.