Which of the following is true of single-user databases?
A) They are displayed and processed using html5, css3, and JavaScript.
B) They use JavaScript for user-side processing.
C) The Internet is used to access the DBMS server computer.
D) The application, the DBMS, and the database all reside on the user's computer.
D
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If a trial balance is not in balance (the Debit and Credit columns are not equal), a logicalĀ firstĀ step is to
A. check each account balance calculation. B. check the addition of each column. C. check each account balance in the general ledger to the trial balance number. D. divide the difference by either 9 or 2.
When land is held in a tenancy in common, one owner can dispose of his or her share of the property by their will
Indicate whether the statement is true or false
A partner's profit from a partnership is taxed as income to the firm.
Answer the following statement true (T) or false (F)
The Oak Grove Partnership decided it would buy personal computers for use by each partner. Unknown to the other partners, Cromwell, a partner, had an ownership interest in a computer store and thought he could get the computers for the partnership at the best price because of his inside position. He did, in fact, obtain eight computers at only $150 above the manufacturer's price, which was $250
less than the next lowest bid for each computer. What consequence? A) Because Cromwell did not tell his partners of his inside position with the computer store, there will be no sale. B) Since Cromwell obtained the lowest price available, the deal will go through. C) Cromwell will have to give his part of the sales profits to the partnership. D) Cromwell will have to rescind the contract and go with the next highest bidder.