To build a software system, we don't need to understand the problem

Indicate whether the statement is true or false


FALSE

Business

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Paper Company receives a $6,000, 3-month, 6% promissory note from Dame Company in settlement of an openaccounts receivable. What entry will Paper Company make upon receiving the note?

a. Notes Receivable 6,000 Accounts Receivable—Dame Company 6,000 b. Notes Receivable 6,090 Accounts Receivable—Dame Company 6,090 c. Notes Receivable 6,090 Accounts Receivable—Dame Company 6,000 InterestRevenue 90 d. Notes Receivable 6,000 Interest Revenue 90 Accounts Receivable—Dame Company 6,000 InterestRevenue 90

Business

An XBRL taxonomy:

a. is the document format used to produce web pages. b. is the final product (report). c. is a classification scheme. d. is a tag stored in each database record. e. none of the above is true.

Business

In databases, fields are composed of records

Indicate whether the statement is true or false

Business

The “Demarcation of Control” is ______.

a. the primary theory of followership b. the point at which managers give up control to leaders c. a dashed line that signifies the point at which decision-making shifts (from leaders) to followers d. point at which leadership becomes authoritative and directive

Business