Computing the sum of rows and columns is known by the term:
A) Compute.
B) Total.
C) Prove.
D) Rule.
B) Total.
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Nontrade receivables, such as deposits with utility companies or advances to subsidiary companies, should be
A) recorded in separate accounts and reported as noncurrent assets on the balance sheet. B) recorded along with trade receivables in one account and included as part of the total receivables balance on the balance sheet. C) recorded in separate accounts and separately reported on the balance sheet. D) recorded in separate accounts and reported as an offset to retained earnings on the balance sheet.
The Jones family had a fire that destroyed their home. Various departments of a restoration company, from the initial cleanup crew to the assistance with the Jones family moving back in, worked together to achieve this goal. All of the company's interrelated parts working together to accomplish a goal (in this case, the restoration of the Jones home) is an example of a(n)
A. process. B. stepped process. C. input-output structure. D. structure. E. system.
Which of the following statements about electronic data interchange is FALSE?
A. EDI puts information into a standardized format. B. A customer transmits order information directly to the supplier's computer. C. Inventory information is automatically updated. D. EDI is very common in the United States. E. EDI has not yet spread to international markets.
The positivist school of law states that ________
A) certain legal values that are unchanging exist because their source is absolute B) certain legal values that can be judged by human reason exist, and once determined, they supersede any form of human law C) law is a closed logical system in which correct legal decisions are reached solely by logic and the use of precedents D) a legislator or a judge can determine law by making an inventory of community interests