The ____________________ command can be used to create a new role
Fill in the blank(s) with correct word
CREATE ROLE
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On October 29, 1989, Alex agrees to paint Georgia's house during the Thanksgiving week for $4,000 in exchange for Georgia's promise to pay him $4,000 in cash immediately upon completion of the work. Which of the following statements is true of this case?
A. Alex could back out of the deal on October 31 without legal liability to Georgia because she has not given any consideration for Alex's promise to do the work until she pays him. B. Georgia could hire another painter on October 31 without legal liability to Alex because until he has painted the house, he has not given any consideration for Georgia's promise to hire him. C. Alex could back out of the deal on October 29 without legal liability if he could prove that $4,000 was inadequate consideration to paint Georgia's house. D. Both parties are bound on October 29 because each has given consideration for the other's promise.
Fireside, Inc. uses accrual basis accounting. Its balance sheets reported Accounts Receivable of $12,000 at the end of its first year and $18,000 at the end of its second year. Its income statement reported Sales Revenue of $120,000 in its second year. What would Fireside's revenues have been if it had used cash basis accounting?
A. $120,000 B. $12,000 C. $114,000 D. $126,000
The Youngstown Company recorded the following adjustment in general journal format:Supplies Expense500 Supplies 500 Which of the following choices accurately reflects how this event would affect the company's financial statements? Asset=Liab.+Stk.EquityRev.-Exp.=Net Inc.Stmt ofCash FlowsA.+=++NA+-NA=++OAB.-=NA+-NA-+=--OAC.-=NA+---NA=-+OAD.-=NA+-NA-+=-NA
A. Option A B. Option B C. Option C D. Option D
Which of the following is a disadvantage of the balanced-scorecard approach?
A. It fails to link the strategic vision to responsible parties within the organization. B. It provides limited guidance about which metrics to choose. C. It provides limited guidance for designing and planning business processes. D. It fails to translate the vision into measureable operational goals.