The knowledge of managing information systems can lead to greater job security

Indicate whether the statement is true or false


TRUE

Business

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Richard Bell, an organized crime boss and casino owner, has made a lot of money with his illegal drug operations and illegal gambling. In order to make it look like he earned the drug money legitimately, Richard has hired crooks to take the illegal money and spend it in Richard's casinos in discreet amounts. The crooks are supposed to lose the money on purpose so that the casino can claim this as winnings. What crime is Richard committing in converting his drug money to alleged legal money?

A. money laundering B. misappropriation C. extortion D. embezzlement

Business

Two major sources of funds for a business are:

a. asset capital and liability capital b. interest capital and expense capital c. good capital and bad capital d. Treasury capital and Treasury debt e. debt capital and equity capital

Business

The balances in the unadjusted columns of a work sheet will agree with:

A. the balances management budgeted for the accounting period. B. whatever balances management has decided to report. C. the balances in the company's post-closing trial balance. D. the balances reflected in the company's unadjusted trial balance. E. the balances reflected in the company's financial statements.

Business

Discuss how attribute inheritance works in a supertype/subtype hierarchy

What will be an ideal response?

Business