If a sale involves crops that are to be harvested within twelve months, identification takes place when the seeds for the crops are harvested
Indicate whether the statement is true or false
False
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Billington Corp borrows $80,000 cash from Second National Bank. How does this transaction affect the accounting equation for Billington?
A. Assets would increase $80,000 and equity would decrease $80,000. B. Assets would decrease $80,000 and equity would increase $80,000. C. Liabilities would decrease $80,000 and equity would increase $80,000. D. Assets would decrease $80,000 and liabilities would decrease $80,000. E. Assets would increase $80,000 and liabilities would increase $80,000.
When an employer and a union have a signed contract:
A) ?The union speaks and contacts for the employees collectively B) ?The contract does not bind the employer to a specified wage scale. C) ?No employees can make a contract individually with the employer. D) ?The employer is the agent of the employees.
Which of the following is one of the most emotional issues in any relationship, including that with a partner, parents, or children?
A. Career choices B. Hobbies C. Friends D. Money E. Retirement planning
Which of the following is NOT a disadvantage of stored procedures?
A) Writing stored procedures takes more time than writing an application in Visual Basic or PowerBuilder. B) Decreases in network traffic are realized. C) Stored procedures are proprietary and not easy to move from one RDBMS to another. D) Each client must be loaded with the application to be used at that location.