The goal of conceptual data modeling is to capture as much of the meaning of data as possible
Indicate whether the statement is true or false
TRUE
Explanation: Because of this, the deliverable includes both the ERD as well as additional information described in a data repository.
CL
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Which of the following statements is/are correct?
I.Terry's divorce decree provides that his ex-wife is to pay him alimony of $500 per month until their son reaches age 18 or dies, at which time the payment will be reduced to $300. Terry recognizes $300 of alimony income each month.II.Jerry is the manager of Northgate apartments. He is required to live in an apartment in the complex that normally rents for $600 per month. Jerry must recognize $600 per month as income from his management job.III.Lorraine's aunt dies during the current year. The aunt's $20,000 life insurance policy names Lorraine as the beneficiary. Lorraine receives $20,000 from the policy in December. Lorraine must include the $20,000 in her gross income.IV.Helen receives a teaching assistantship from the music department that pays her $300 per month. Helen must work as a lab assistant 15 hours per week. Helen's total direct education costs are $9,000. Helen includes the $300 per month in her income.? A. Statements I and IV are correct. B. Statements II and III are correct. C. Statements II and IV are correct. D. Statements I and III are correct.
The beginning and the ending balances in cash and cash equivalents are entered in the master T-account for preparing the statement of cash flows. Cash equivalents represent _____ in which a firm has temporarily placed excess cash
a. short-term, highly illiquid investments b. short-term, highly liquid investments c. short-term and long-term, highly liquid investments d. short-term and long-term, highly illiquid investments e. short-term and long-term, marketable securities
Weeks of inventory and inventory turns are reflected in:
A) working capital. B) operating expenses. C) cost of goods sold. D) cash flow.
Process costing would likely be used in all of the following industries except:
A. chemicals. B. automobile repair. C. wood pulp production. D. petroleum refining. E. truck tire manufacturing.