A systems integrator is a special kind of consultant who has expertise in making the different hardware and software components of an information system work together

Indicate whether the statement is true or false


TRUE

Business

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In 2019, Ramon sold land that had cost $80,000 for $200,000. The sales agreement called for a $50,000 down payment and a $50,000 payment plus 8% interest to be received on the first day of each year for the next three years. What would be the consequences of the following (treat each part independently and assume that Ramon uses the installment method whenever possible): a.In 2019, Ramon gave one of the $50,000 installment obligations to a close relative. b.In 2019, Ramon transferred the installment obligations ($50,000) to his 100% owned corporation. c.Ramon collected the $50,000 plus $12,000 interest on January 1, 2020, and died on January 2, 2020.?

What will be an ideal response?

Business

Operating system controls are of interest to system professionals but should not concern accountants and auditors

Indicate whether the statement is true or false

Business

Answer the following statements true (T) or false (F)

1. In the U.S., collective bargaining agreements are legally binding contracts. 2. In the U.S., the typical duration of a collective bargaining agreement is 1 year. 3. The process of collective bargaining in U.S. labor relations has the goal of producing a legally binding, written contract that specifies wages and many other terms of employment. 4. Union bargaining committees are usually appointed by the national labor federation. 5. To determine its priorities in negotiations, a labor union will usually conduct a survey of its members to identify common goals and concerns.

Business

Which of the following would be more typically the responsibility of a controller rather than a treasurer?

A) overseeing accounting and tax functions B) capital budgeting C) managing credit D) making investment decisions

Business