Discuss the accountant's role in data modeling and potential problems caused by anomalies
Most accountants will not be directly responsible for normalizing an organization's databases, but they should have an understanding of the process and be able to determine whether financial data are properly normalized to avoid anomalies. The conduct of many financial audit procedures involves accessing data stored in normalized tables. An organization's financial database may consist of thousands of normalized tables and navigating the network requires an understanding of data structures.
The update anomaly can generate conflicting and/or obsolete database values in accounts, the insertion anomaly can result in unrecorded transactions and incomplete audit trails, and the deletion anomaly can cause the loss of accounting records and destruction of audit trails.
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Which of the following is true of shipping goods via water transportation?
A) Water transportation is an efficient way to ship perishable merchandise over long distances. B) Water carriers are highly flexible in their routing and time schedules. C) Water transportation provides in-transit services, such as the processing of goods en route. D) Water transportation is ideal when time is short and speed is needed. E) Water transportation is the slowest mode of transportation and the most affected by the weather.
The first step in developing a service blueprint is ____________
a. to reach a consensus on which activities are more important than others b. to identify all the key activities involved in creating and delivering the service c. to identify the links between a set of alternative service possibilities d. to identify the key employees who will be enacting the service blueprint e. to identify the key customers who will be participating in the service
The process capability measures Cp and Cpk differ because:
A) only one ensures the process mean is centered within the limits. B) Cp values above 1 indicate a capable process, while Cpk values above 2 indicate a capable process. C) They do not differ: both are identical. D) Cp values for a given process will always be greater than or equal to Cpk values. E) Both A and D are correct.
Godfrey would like to start a business that will eventually have trade with another. He would like the trade partner to be an Asian country but would like it to be a democracy with great economic growth potential, and a large population of potential consumers. Which nation would most likely be his trading partner?
A. India B. China C. Japan D. Thailand