All of the following are characteristics of information, except:
A. Transactional.
B. Analytical.
C. Timeliness.
D. Quantity.
D. Quantity.
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Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows: Year 1 Year 2 Beginning inventory$120,000 $130,000 Cost of goods purchased 250,000 275,000 Cost of goods available for sale 370,000 405,000 Ending inventory 130,000 135,000 Cost of goods sold$240,000 $270,000 Lucia Company made two errors: 1) ending inventory at the end of Year 1 was understated by $15,000 and 2) ending inventory at the end of Year 2 was overstated by $6,000. Given this information, the correct cost of goods sold figure for Year 2 would be:
A. $264,000 B. $276,000 C. $249,000 D. $291,000 E. $285,000
Service businesses such as hotels, restaurants, and the like use a(n) ______ to schedule and manage customer demand for their services.
A. reservation system B. prioritization system C. appointment system D. capacity utilization system
A nolo contendere plea is an admission of guilt and is treated as such by a judge
Indicate whether the statement is true or false
Kathy is the secured party in a transaction with Julie, who is the debtor. The collateral is a 2007 Chevrolet F150 pick-up truck. Kathy files a financing statement in which she describes the collateral as "a vehicle.". To perfect Kathy's interest this is
a. not sufficient. b. sufficient. c. sufficient if the financing statement also includes Julie's signature. d. sufficient if the financing statement also includes the location of the collateral.