Bad debts are considered as an expense of selling on credit
Indicate whether the statement is true or false
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With the table Orders (OrderNum, OrderDate, (ItemNum, NumOrdered) ) where OrderNum is the primary key, how would you convert the table to first normal form?
A. by creating a second table with just the columns ItemNum and NumOrdered B. by changing the primary key to OrderDate C. by making ItemNum a foreign key D. by making the primary key a combination of OrderNum and ItemNum
Resources for technical analysis are readily available on the Internet
Indicate whether the statement is true or false.
During 2018 and 2019, Danny pays property taxes of $3,500 each year on a piece of land. During 2018, the land is vacant and unproductive. In 2019, Danny uses the land as a parking lot and generates $16,000 in income. Which of the following is true regarding the property taxes?
A) Capitalize $3,500 each year. B) Deduct $3,500 each year. C) Capitalize $3,500 in 2018 and deduct $3,500 in 2019. D) Either B or C is acceptable.
Plaxo Inc., is going through tough times. Latest financial reports indicate that overall profitability of the company is down by 15 percent and they are losing market share. The situation seems quite bleak and it is unlikely that the company's prospects will improve in the near future unless they take some drastic measures. In a board meeting, one of the directors proposes the idea of offering senior employees the option of voluntary retirement. Which of the following, if true, would support this proposal?
A. The company has a last-in-first-out decruitment policy. B. The younger work force is more efficient while the older workforce is more loyal. C. The older employees will prefer to voluntarily retire as opposed to being laid-off. D. The company is committed to maintaining workforce diversity at all costs.