Briefly define the terms technology architecture and application architecture. How are they different? How are they interdependent?
The technology and technology architecture is the underlying computer hardware, network hardware and system software configuration that is used by an organization. It is the "platform.".
Application architecture is all the software that resides on top of the technology architecture, and which is used by the business to carry out its daily operations. It is called an architecture because it has to work together in an integrated fashion as a complete working environment.
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In the event of a debt restructuring, the required disclosures are only for the related income tax effects associated with the debt
Indicate whether the statement is true or false
On December 31, 2013, Manny Ltd. owes Stew Corp $50,000 on a 10% note payable. Two years of interest is also unpaid and due. Manny cannot pay off the debt. Stew agrees to reduce the principal amount to $30,000, forgive the accrued interest owed, extend the due date to December 31, 2016, and reduce the interest rate to 5% per year for the extended period. What amount of gain on restructuring
should Manny record? A) $25,500 B) $21,000 C) $20,000 D) $11,000
In a decentralized organization, decisions are made by managers throughout the company rather than by a few top executives.
Answer the following statement true (T) or false (F)
According to Maslow's hierarchy of needs,
A. individuals simultaneously try to satisfy all five levels of needs. B. self-actualization needs are the most important needs to be met for most individuals. C. individuals first address needs at the top of the pyramid and then move down to the lower level needs. D. levels of needs are different for everyone, and we all try to satisfy them in a different order. E. individuals first satisfy the most basic needs and then try to fulfill needs at the next level up.