Data have a better chance of being available in a conventional file system than in a database

Indicate whether the statement is true or false


FALSE

Business

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Automated controls over cash eliminate the inherent risks associated with the cash account

a. True b. False Indicate whether the statement is true or false

Business

Under current GAAP, a company with a complex capital structure and potential earnings per share dilution must present

a. basic and diluted earnings per share. b. primary and fully diluted earnings per share. c. basic and primary earnings per share. d. basic earnings per share and cash flow per share.

Business

For traditional costing purposes, R&D costs are

a. capitalized and allocated over the product life cycle. b. expensed as incurred. c. capitalized and amortized over three years. d. charged to the future accounting periods that receive the benefit of the R&D expenditures.

Business

The purpose of the Office of Federal Contract Compliance Programs is to require affirmative steps to provide opportunities for handicapped people in federal programs

a. True b. False Indicate whether the statement is true or false

Business