Transaction processing systems cannot record data in a database for every transaction within a business, as it would overload the system.
Answer the following statement true (T) or false (F)
False
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Sparkling Pools received a bill for $1,200 for running newspaper ads during the last two weeks of July; the bill will be paid on August 1. Advertising Expense should be:
A. credited for $1,200 in July. B. debited for $1,200 in July. C. credited for $1,200 in August. D. debited for $1,200 in August.
What term is used to describe the increasingly interconnected nature of the world economy?
A. relationship marketing B. the World Wide Web C. globalization D. the marketing mix E. internationalization
If your mind goes blank during a presentation, you should
A) keep talking even if you repeat what you've just said. B) apologize for losing your place. C) try to joke your way out of it. D) start from the beginning of the speech. E) turn around or excuse yourself and collect your thoughts.
Cheryl enters into a contract with Gabe. In this contract, Cheryl asks Gabe to pay the money he owes her from the contract to her friend Leah because Leah is having financial troubles. Leah is
a. a third party creditor beneficiary. b. a third party donee beneficiary. c. a third party incidental beneficiary. d. the promisee in the contract.