Two-phased locking is a scheme for achieving serializability of transactions
Indicate whether the statement is true or false
TRUE
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The efficiency gains that _______ provide(s) for economies are not a one-time occurrence but an ongoing process that fosters long-run economic growth.
a. consumers b. computers c. information exchange d. digital trade
A credit memorandum for $42 (sales price of merchandise, $40; sales tax, $2) was issued to a customer for goods returned that had been purchased on account. To properly enter this transaction, Sales would be debited for
a. $2; b. $40; c. $42; d. the amount of the original sale; e. $0 because Sales should not be debited.
Why might marketers use market-penetration pricing?
What will be an ideal response?
Under a perpetual inventory system
A) accounting records continuously disclose the amount of inventory B) increases in inventory resulting from purchases are debited to Purchases C) there is no need for a year-end physical count D) the purchase returns and allowances account is credited when goods are returned to vendors