What is null value? Why is it useful in the database?
What will be an ideal response?
A null value is a special field value, distinct from a zero, blank, or any other value, that indicates that the value for the field is missing or otherwise unknown. Using a special null value when a field is missing its value, you can also estimate the value, produce a report indicating rows of tables with critical missing values, or determine whether the missing value matters when computing needed information.
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Clemente Co. owned all of the voting common stock of Snider Co. On January 2, 2017, Clemente sold equipment to Snider for $125,000. The equipment cost Clemente $140,000. At the time of the transfer, the balance in accumulated depreciation was $40,000. The equipment had a remaining useful life of five years and a $0 salvage value. Both entities use the straight-line method of depreciation.At what amount should the equipment (net of depreciation) be included in the consolidated balance sheet dated December 31, 2018?
A. $110,000. B. $ 90,000. C. $ 60,000. D. $105,000. E. $100,000.
The public relations department is the unit in the firm that manages publicity and communications with other groups that are in contact with the company
Indicate whether the statement is true or false
In a job order costing system, the purchase of materials on account should be recorded as follows:
A) Materials InventoryWork in Process Inventory B) Materials InventoryAccounts Payable C) Work in Process InventoryAccounts Payable D) Accounts PayableMaterials Inventory
A category killer is a channel intermediary that sells mainly to consumers.
Indicate whether the statement is true or false.