One advantage of LOBs is that a table can have multiple LOB columns but only one LONG column.

Answer the following statement true (T) or false (F)


True

Business

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______ refers to the buying and selling goods and services via a telecommunications network.

A. Encapsulation B. Business intelligence C. Enterprise application D. E-commerce 

Business

Underfoot Products uses standard costing. The following information about overhead was generated during May: Standard variable overhead rate $2 per machine hour Standard fixed overhead rate $1 per machine hour Actual variable overhead costs $361,000 Actual fixed overhead costs $175,000 Budgeted fixed overhead costs $190,000 Standard machine hours per unit produced 10 Good units produced 18,000

Actual machine hours 200,000 Compute the variable overhead variance. a. $21,000 (F) b. $21,000 (U) c. $1,000 (U) d. $11,000 (F)

Business

Jim is considering pursuing an MS in Information Systems degree. He has applied to two different universities. The acceptance rate for applicants with similar qualifications is 20% for University X and 45% for University Y

What is the probability that Jim will not be accepted at either university? A) .30 B) .36 C) .44 D) .56

Business

Ethan is in the process of launching his new business venture that specializes in electronic waste recycling. During this period, he has been in constant touch with Lois Inc., who has seen success in this niche market. In this scenario, which of the following entrepreneurial development strategies is Ethan utilizing?

A. Developing a business plan B. Accessing the U.S. Small Business Administration resources C. Fueling innovation D. Learning from others

Business