In the relational model, a data element is called a relation
Indicate whether the statement is true or false
F
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The process of establishing financial accounting standards is
a. a democratic process in that a majority of practicing accountants must agree with a standard before it becomes implemented. b. a legislative process based on rules promulgated by government agencies. c. based solely on economic analysis of the effects each standard will have if it is implemented. d. a social process which incorporates political actions of various interested user groups as well as professional research and logic.
Using secondary sources of information reduces the time taken for competitive research
Indicate whether the statement is true or false
The 1960 Supreme Court decision(s) that established the importance and legitimacy of grievance arbitration is/are referred to as the ____________________.
A. Beck decision B. Gissel rights C. Steelworkers Trilogy D. Weingarten ruling
Holl Corporation has provided the following data for November. Denominator level of activity 4,800machine-hoursBudgeted fixed manufacturing overhead costs$56,640 Standard machine-hours allowed for the actual output 5,100machine-hoursActual fixed manufacturing overhead costs$55,860 ?Required:a. Compute the budget variance for November.b. Compute the volume variance for November.
What will be an ideal response?