Which of the following types of errors will NOT self-correct in the next year?
a. Accrued expenses not recognized at year-end
b. Accrued revenues that have not been collected not recognized at year-end
c. Depreciation expense overstated for the year
d. Prepaid expenses not recognized at year-end
C
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Lois Kent has owned and managed the operations of a small chain of sporting goods stores for the past two years. She has asked her administrative assistant to provide her with some annual reports of other companies that sell sporting goods as well as
some published reports showing norms for the sporting goods industry so that Lois can compare the financial ratios of her company with those of other companies that sell sporting goods. Discuss the limitations of using comparisons with other companies and industry norms, which Lois needs to remember.
A basic strategy for achieving crosscultural understanding is to
A) ignore differences in cultural customs. B) establish a ranking of preferred cultures. C) hire people from different cultures. D) respect others in the workplace.
Most current-generation relational DBMSs perform automatic query optimization at the client end
a. True b. False Indicate whether the statement is true or false
For a single-server queuing model, the utilization factor ?/? has to be:
a. less than one. b. equal to one. c. greater than one. d. less than or equal to one.