Regarding relevant nonfinancial information, which of the following statements is incorrect?
A) Nonfinancial, or qualitative, factors play a role in managers' decisions and, as a result, can be relevant.
B) Relevant qualitative information has the same characteristics as relevant financial information.
C) Managers must always consider the potential quantitative and qualitative effects of their decisions.
D) Qualitative factors can be ignored because these factors are difficult to measure.
D) Qualitative factors can be ignored because these factors are difficult to measure.
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McGuire Company acquired 90 percent of Hogan Company on January 1, 2019, for $234,000 cash. This amount is reflective of Hogan's total acquisition-date fair value. Hogan's stockholders' equity consisted of common stock of $160,000 and retained earnings of $80,000. An analysis of Hogan's net assets revealed the following: Book Value Fair ValueBuildings (10-year life)$10,000 $8,000 Equipment (4-year life) 14,000 18,000 Land 5,000 12,000 ??Any excess consideration transferred over fair value is attributable to an unamortized patent with a useful life of 5 years.?In consolidation at December 31, 2020, what adjustment is necessary for Hogan's Buildings account?
A. $1,600 decrease. B. $1,600 increase. C. $1,440 decrease. D. $1,440 increase. E. No adjustment is necessary.
In the ODBC architecture, a(n) _____ is in charge of managing all database connections
a. ODBC API b. DLL c. ODBC driver d. driver manager
Having a part of CustomerID primary key come from customer's email address, violates which
of the following normal forms? A) 2NF B) 1NF C) 3NF D) BCNF
_____ is a technique that uses branches radiating out from a core idea to structure thoughts and ideas when creating a WBS
Fill in the blank(s) with correct word