An arrow on a data-flow diagram represents a(n):
A) data store.
B) data flow.
C) process.
D) source.
E) action sequence.
B
Explanation: B) On a data-flow diagram, an arrow represents a data flow showing data in motion.
CL
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The _________________, developed by M. King Hubbert, a geologist for Shell, holds that oil's decline will follow a specific curve into terminal decline.
Fill in the blank(s) with the appropriate word(s).
______ is a global collection of computer networks linked together to exchange data and information.
a. World Wide Web b. The Internet c. Cloud computing d. Big data
Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its $1 par common stock on June 30 for $40 per share. On July 20, it reissued 50 of these shares at $46 per share. On August 1, it reissued 20 of the shares at $38 per share. What is the journal entry necessary to record the reissuance of treasury stock on July 20?
A. Debit Cash $2,300; credit Paid-in Capital, Treasury Stock $300; credit Treasury Stock $2,000. B. Debit Common Stock $2,300; credit Cash $2,300. C. Debit Cash $2,300; credit Treasury Stock $2,300. D. Debit Common Stock $2,300; credit Treasury Stock $2,000; credit Paid-In Capital, Treasury Stock $300. E. Debit Common Stock $20; debit Treasury Stock $2,290; credit Cash $2,300.
Prepaid Rent is an expense account that appears on the income statement
Indicate whether the statement is true or false