Which agency issues pronouncements that are guidelines for accounting practice?
A) GAAP
B) SEC
C) FASB
D) IRS
C) FASB
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Consider an association between a Pet Owners class and a Pets class in a Unified Modeling Language (UML) Class diagram. The multiplicities next to the Pet Owners class are 1..1 and the multiplicities next to the Pets class are 1..*. Which of the following is the best way to implement that association in your database?
A. Post the primary key of Pets as a foreign key in Pet Owners. B. Post the primary key of Pet Owners as a foreign key in Pets. C. Create a linking table. D. None of the options are correct.
When enacted tax rates change, the asset and liability method of interperiod tax allocation recognizes the rate change as
a. a cumulative effect adjustment. b. an adjustment to be netted against the current income tax expense. c. a separate charge to the current year's net income. d. a separate charge or benefit to income tax expense.
The Equal Credit Opportunity Act originally intended to prevent discrimination against __________ in the advancement of credit
a. religion b. age c. women d. color
Which of the following can be classified as quantitative data?
a. interval and ordinal b. ratio and ordinal c. nominal and ordinal d. interval and ratio