When you design the new contracts database for the publishing house mentioned above, what fields do you anticipate needing? Which of these fields might be in use in other databases used by the company?
What will be an ideal response?
Author first name, author last name, author address, agent name and address, title of book, book ISBN, date of contract, amount of money, payment schedule, date contract ends.
Other databases might be an author database (author names, address, and agent details), a book title database (title and ISBN of book), and financial database (payments made).
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It is a common practice to amortize organizational costs over a period of five to ten years
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT a common rationalization of fraud perpetrators?
a. The organization owes me b. I'm only borrowing the money c. No one will get hurt d. No one will care
On June 1, 2011, Donner Technologies declared a $50,000 cash dividend to be distributed to its common stockholders of record on June 15, 2011. The dividend will be paid on July 1, 2011. The required journal entry on June 1 includes a:
A) $50,000 debit to retained earnings. B) $50,000 debit to dividends payable. C) $50,000 credit to cash. D) $50,000 credit to common stock.
Who can recover under product liability for their injuries?
A) Nonusers, such as bystanders B) Those who use the product with the owner's permission C) Those who purchased the product new D) A and B only E) A, B, and C