The most common access point for perpetrating computer fraud is at the data collection stage

Indicate whether the statement is true or false


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Business

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A stock dividend may be declared to increase the marketability of a corporation's shares by lowering the price per share

Indicate whether the statement is true or false

Business

A component of operating efficiency and profitability, calculated by expressing net income as a percent of net sales, is the:

A. Merchandise turnover. B. Accounts receivable turnover. C. Price earnings ratio. D. Profit margin ratio. E. Acid-test ratio.

Business

Lawrin is a real-estate salesperson whose compensation is commission-only. She earns a 3% commission on the sale price of each house that she sells and receives 1.5% commissions at the end of each month (the broker retains the rest per the employment agreement). During the month of July, Lawrin sold two houses totaling $385,420. What is her gross pay for the month of July?

A) $5,620.00 B) $5,781.30 C) $11,562.00 D) $8,623.50

Business

Lannister Inc. signed a $54,000 7% 15-year installment note on December 1, 2018. The note requires quarterly payments of $900 plus interest on March 1, June 1, September 1, and December 1 of each year. How will Lannister classify this loan on its December 31, 2018 Balance Sheet?

A) Current Portion of Long-term debt, $1,800; Long-term debt, $52,200 B) Current Portion of Long-term debt, $3,600; Long-term debt, $50,400 C) Current Portion of Long-term debt, $900; Long-term debt, $53,100 D) Current Portion of Long-term debt, $2,700; Long-term debt, $51,300

Business