What is data latency?
A. The management and oversight of an organization's data assets.
B. The time it takes for data to be stored or retrieved.
C. When a company examines its data to determine if it can meet business expectations, while identifying possible data gaps.
D. The person responsible for ensuring policies and procedures are implemented across the organization.
Answer: B
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Market equity beta measures the covariability of a firm's returns with the return's of
a. all industry competitors in the market. b. risk free securities. c. all securities in the market. d. all firms of comparable market value.
The following information is available for the Topper Company for the month of July.a. On July 31, after all transactions have been recorded, the balance in the company's Cash account has a balance of $15,244.b. The company's bank statement shows a balance on July of $16,450.c. Outstanding checks at July total $2,063.d. A note receivable is collected by the bank for $570, but it is not yet recorded by Topper Company.e. A $107 NSF check from a customer, P. Flank is shown on the bank statements, but not yet recorded by Topper.f. A deposit placed in the bank's night depository on July 31 totaling $1,275 did not appear on the bank statement.h. Bank fees of $45 for check printing are not yet recorded by Topper Company.Prepare the July bank reconciliation for the Topper Company.
What will be an ideal response?
Briefly define the characteristics of an effective goal.
To record a cash discount allowed on a purchase:
a. no entry is required. b. purchase returns and allowances is credited. c. purchase discounts is credited. d. purchases is credited.