Which normal form has an additional condition that the only determinants the table contains are candidate keys?

A. First
B. Second
C. Third
D. Fourth


Answer: C

Business

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The accountant for Lee Company made the following errors related to merchandise inventory in 2016: 1. The beginning inventory for 2016 was overstated by $750 due to an error in the physical count. 2. A $1,300 purchase of merchandise on credit was not recorded and was not included in the ending inventory. ? Assuming a periodic inventory system, Lee Company's 2016 cost of goods sold will be

A) understated by $550. B) understated by $2,050. C) overstated by $2,050. D) overstated by $750.

Business

GAAP requires that incremental costs of obtaining a contract must be capitalized and amortized over the time of the contract. ?

Indicate whether the statement is true or false

Business

SEC Rule 10b5-2 adopts what theory of liability?

a. Misappropriation. b. Strict. c. Negligence. d. Criminal.

Business

Reasons EC companies fail include

A) lack of financial skills. B) little experience with marketing. C) not ensuring they have the inventory and distribution setup to meet the fluctuating and increasing demand for their products. D) all of the above.

Business