Systems development is separated from data processing activities because failure to do so
a. weakens database access security
b. allows programmers access to make unauthorized changes to applications during execution
c. results in inadequate documentation
d. results in master files being inadvertently erased
B
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Morton Corporation reported the following information for the year ended December 31, 2015: Net income $10,000 Dividends 6,000 Retained earnings at December 31, 2015 25,000 What was the balance of Morton's' retained earnings at January 1, 2015?
a. $21,000 b. $29,000 c. $31,000 d. $35,000
Individuals with a learning orientation are less likely to ______.
a. receive and accept negative feedback b. have blind spots c. communicate through electronic media d. to fully develop as leaders
Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 45,000 units. The inventory on hand at the beginning of quarter is 5000 units. The desired ending inventory is 3000 units. Calculate the budgeted production for the first quarter.
A) 3000 units B) 43,000 units C) 40,000 units D) 48,000 units
Gump Shrimp Company On January 1, 2011, Gump Shrimp Company purchased a ship for $1,000,000. It has a ten-year useful life and a salvage value of $100,000. The company uses the double-declining-balance method. Refer to the information provided for Gump Shrimp Company. What was the book value of the ship at the end of the third year?
A) $128,000 B) $512,000 C) $200,000 D) Need more information to determine this answer.