Which one of the following statements is false?
a. The inventory account is updated after every sale and after every merchandise purchase under the perpetual inventory system.
b. The inventory account is updated only at the end of the accounting period under the periodic inventory system.
c. A cost of goods sold account is updated after each sale of merchandise under the periodic inventory system.
d. A purchases account is used only under the periodic inventory system.
c
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Both ______ and ______ focus on a direct business-related role for companies with the community, with an emphasis on the strategic and bottom-line implications of socially responsible corporate practices.
a. CXP; CXR b. CPB; CXP c. CPC; CPP d. CSP; CSR
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Which of the following would be classified as a long-term operational asset?
A. Trademark B. Inventory C. Notes receivable D. Accounts receivable
Which of the following occurs when millions of bogus service requests flood a Web serverand prevent it from servicing legitimate requests?
A) spoofing B) incorrect data modification C) usurpation D) denial of service