Briefly identify the four entity-relationship diagrams that are produced and analyzed during conceptual data modeling
What will be an ideal response?
The four entity-relationship diagrams are: (1 ) an entity-relationship diagram that illustrates the data needed in the project's application; (2 ) an entity-relationship diagram for the system being replaced; (3 ) an entity-relationship diagram that illustrates the entire database from which the new application's data are extracted; and (4 ) an entity-relationship diagram for the entire database for the existing application system.
CL
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Closing entries result in the transfer of net income or net loss into the Retained Earnings account
Indicate whether the statement is true or false
Callable bonds
A. are called when interest rates decline appreciably. B. have a call price that declines as time passes. C. are called when interest rates increase appreciably. D. are more likely to be called when interest rates decline and have a call price that declines as time passes. E. have a call price that declines as time passes and are called when interest rates increase appreciably.
Gabe, Vinnie and Arnold begin to operate as a business. They do not do any formal filings, however, they continue to refer to themselves as partners and their customers reasonably presume they are partners. One day, a customer decides to sue the partnership.
a. They cannot sue the partnership because one does not exist. b. They cannot deny the existence of a partnership under a theory of estoppel. c. They cannot sue the partnership; they must sue an individual partner only. d. Only the partner with whom there is a dispute can be sued.
Del Monte initially processed vegetables for canning. Over the years, Del Monte acquires more vegetable processing facilities, a glass jar company, and a snack food company. According to the text, Del Monte is pursuing a strategy of:
a. concentration on a single business b. related diversification c. unrelated diversification d. vertical integration e. horizontal integration