A(n) ________ stores metadata about an organization's data and data processing resources
A) DBA
B) information repository
C) organizational system catalog
D) data dictionary
B
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Which step of the evaluation process distinguishes professional practice from technical craft?
A. Securing organizational commitment to evaluation B. Writing program objectives in measurable terms C. Selecting the most appropriate criteria D. Keeping complete expense records E. Adding to professional knowledge
Alliance Company budgets production of 24,000 units in January and 28,000 units in the February. Each finished unit requires 4 pounds of raw material K that costs $2.50 per pound. Each month's ending raw materials inventory should equal 40% of the following month's budgeted materials. The January 1 inventory for this material is 38,400 pounds. What is the budgeted materials cost for January?
A. $240,000. B. $208,000. C. $352,000. D. $256,000. E. $144,000.
Lack of mutual agency is best described as which of the following?
A) The liabilities of the corporation cannot be extended to the personal assets of the stockholder. B) Shares of stock can be readily purchased and sold by investors on an organized stock exchange. C) Stockholders are not authorized to sign contracts or make business commitments on behalf of the corporation. D) Corporations pay income tax on corporate earnings, and shareholders pay income tax on corporate dividends.
Which of the following statements is true if total fixed costs decrease while the sales price per unit and variable cost per unit remain constant?
A) The contribution margin increases. B) The breakeven point increases. C) The contribution margin decreases. D) The breakeven point decreases.