Compare and contrast the difference between using a QuickBooks software download versus a QuickBooks subscription.
What will be an ideal response?
Software download. Users can purchase a QuickBooks software key code and download the QuickBooks software using an Internet browser. Then QuickBooks Desktop software can be used indefinitely after the initial purchase.
Subscription. Instead of purchasing QuickBooks software, the user can choose to pay a monthly subscription fee to use the software. The QuickBooks software is still downloaded to the desktop computer or laptop, but when the user decides to stop paying the monthly fee, the user's access to the QuickBooks software is blocked.
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No special internal control procedures are necessary with a petty cash account because the amount is usually so small
a. True b. False Indicate whether the statement is true or false
________ refers to the creation of a computer file that holds the raw data taken from all of the acceptable completed questionnaires
A) Data entry B) Data coding C) Data matrix D) Data filing E) Data surveying
Over the years, O'Brien Corporation's stockholders have provided $20,000,000 of capital, when they purchased new issues of stock and allowed management to retain some of the firm's earnings. The firm now has 1,000,000 shares of common stock outstanding, and it sells at a price of $32.00 per share. How much value has O'Brien's management added to stockholder wealth over the years, i.e., what is O'Brien's MVA?
A. $9,000,000 B. $15,000,000 C. $14,400,000 D. $13,200,000 E. $12,000,000
Identifying the major suppliers in a market is an important first step of any supplier analysis
a. True b. False Indicate whether the statement is true or false