Simulations are normally done:

A) manually.
B) in a casino.
C) by a spreadsheet.
D) on the computer.


Answer: D

Business

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Raw data is _____ in information systems to create useful information.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following statements is true of consideration?

A. Consideration enforces gratuitous promises. B. Consideration always has a monetary value regardless of a legal value. C. A promisee can be forced by the courts to keep his or her promise. D. A promisee's consideration may be an act or a promise.

Business

An increase to a liability account is recorded with a debit entry.

Answer the following statement true (T) or false (F)

Business

Liabilities can be best described as:

A. The amount expected to be distributed to stockholders. B. The amount owed to creditors. C. The amount of services provided to customers during the year. D. The amount of expenses over the past year.

Business