Which of the following is a direct result of decomposition?
A) Coupling
B) Open systems
C) Cohesion
D) Modularity
E) Interfaces
D
Explanation: D) Since decomposition involves dividing a system into smaller chunks to work on one part, it follows that modularity of the system would result.
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Major Co's adjusted trial balance at December 31 . 2014, includes the following account balances: Common Stock, $3 par .............................................................................. $360,000 Additional Paid-In Capital ......................................................................... 480,000 Treasury Stock, at cost
............................................................................. 30,000 Net Unrealized Loss on Available-for-Sale Securities ................................. 12,000 Retained Earnings: Appropriated for Uninsured Earthquake Losses ............. 90,000 Retained Earnings: Unappropriated ............................................................ 120,000 What amount should Major report as total stockholders' equity in its December 31 . 2014, balance sheet? a. $1,008,000 b. $1,032,000 c. $1,068,000 d. $1,092,000
What is not necessarily an important criteria when trying to select a target industry for starting a venture:
a. Major trends sweeping across the industry b. The intensity of current competition in the industry c. The activity level of new companies, venture deals, and M&A transactions d. An industry that was super hot last year
Glenn and Vera divorce during 2019. Per their 2019 divorce agreement, Glenn receives their former personal residence valued at $180,000 with a basis of $100,000. Also, Glenn will pay Vera $5,000 annually for 8 years. If Vera dies before the end of the 8 years, the balance of the payments is to be paid to Vera's estate in a lump sum. The couple has not lived together for the past 2 years.
A. Glenn can deduct $5,000 annually for alimony paid to Vera. B. Vera can deduct $40,000 (1/2 of the unrealized gain on the house). C. Vera does not recognize any income from the property and/or cash transactions. D. Vera must recognize $40,000 as a gain on the disposition of her interest in the house. E. Vera must recognize all the cash received as alimony income.
________ look at a firm's ability to meet its long-term obligations, as well as its overall optimal use of debt
A) Leverage measures B) Profitability measures C) Liquidity measures D) Efficiency measures