A level-0 diagram is a data-flow diagram that represents a system's major processes, data flows, and data stores at a high level of detail
Indicate whether the statement is true or false
TRUE
Explanation: A level-0 diagram represents the primary individual processes in the system at the highest possible level of detail. Each process has a number that ends in ".0" (corresponding to the level number of the DFD).
CL
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Hesson Properties, Inc Transactions for Hesson Properties are provided below. Nov. 1 Hesson purchases two new maintenance carts on credit at $375 each. The carts are added to Hesson's property, plant, and equipment records. Payment is due in 30 days. Nov. 8 Hesson accepts $75 of advance payments from customers for services to be provided in December. Nov. 15 Hesson receives the utility bill for
$150. Payment is due in 30 days. Nov. 20 Customers are billed $750 by Hesson for property services. Payment is due from the customers in 30 days. Nov. 30 Hesson received $500 from customers who were billed on November 20th. Refer to the transactions that occurred at Hesson Properties. Based on these transactions, what is the journal entry to record the November 20th transaction? A) Cash 750Accounts Receivable 750 B) Accounts Receivable 750Service Revenue 750) Service Revenue 750h 750 D) Service Revenue 750Accounts Payable 750
Which of the following is not an example of internal financing?
A. Profits B. Credit from suppliers C. Equity financing D. Accounts receivable
A company originally issued 13,000 shares of $6 par value common stock at $12 per share The board of directors declares a 12% stock dividend when the market price of the stock is $22 a share. Which of the following is included in the entry to record the declaration of a stock dividend?
A) Stock Dividends is debited for $34,320. B) Stock Dividends is credited for $34,320. C) Stock Dividends is debited for $18,720. D) Paid-In Capital in Excess of Par-Common is credited for $18,720.
ERP implementations often involve only minor changes to the organization
Indicate whether the statement is true or false