System flowcharts represent the input sources, programs, and output products of a computer system

Indicate whether the statement is true or false


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Business

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Under the power of judicial review, ________.

A. private persons are not allowed to create legally binding obligations as they do not have the power to contract B. a judge may render a legal rule unenforceable by declaring it in conflict with a constitution C. the court may override the acts of the Constitution D. lower courts may decide that higher court decisions are not valid

Business

Which of the following organizations does not require that banks report to it?

a. Internal Revenue Service b. Federal Reserve System c. Comptroller of the Currency d. Federal Deposit Insurance Corporation e. Interstate Commerce Commission

Business

Cape Company purchased a patent for use in the corporation's primary business activities. Where on the balance sheet is the patent reported?

A) Property, plant, and equipment B) Investments C) Current assets D) Intangible assets

Business

The average monthly sales for a retailer always result in a monthly sales index of 100

Indicate whether the statement is true or false

Business