What are the key control implications of the absence of database normalization?
When considering the quality of the data in a database, accountants should be aware of the outcomes of typical anomalies. The update anomaly can yield conflicting data in the database. The insertion anomaly can result in unrecorded transactions. The deletion anomaly can cause loss of accounting information and destruction of the audit trail.
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__________ refers to the idea that the economic value of separate, related businesses under one ownership and management is greater together than the businesses are worth separately.
A. Structural benefit B. Synergy C. Selective function D. Alignment E. Consolidation
Which of the following is a responsibility that is common to the managers of cost, profit, and investment centers?
A) generating revenues B) generating profits C) managing the invested capital D) controlling costs
Data is useful for understanding individual sales, but to gain deeper insight into a business, data needs to be turned into information. Which of the following offers an example of turning data into information?
A. What is my best-selling product? B. What is my worst-selling product? C. Who are my best customers? D. All of these.
The minimum acceptable rate of return for a project is the required rate of return
Indicate whether the statement is true or false