An executive summary is a typical item included in report preliminaries

Indicate whether the statement is true or false


TRUE

Business

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In the table above, if the exchange rate is equal to $2.00 per pound, then there is a ______, and the exchange rate will______.

a. surplus of pounds, decrease b. surplus of pounds, increase c. shortage of pounds, decrease d. shortage of pounds, increase

Business

Consider an association between a Pet Owners class and a Pets class in a Unified Modeling Language (UML) Class diagram. The multiplicities next to the Pet Owners class are 1..1 and the multiplicities next to the Pets class are 1..*. Which of the following is the best way to implement that association in your database?

A. Post the primary key of Pets as a foreign key in Pet Owners. B. Post the primary key of Pet Owners as a foreign key in Pets. C. Create a linking table. D. None of the options are correct.

Business

On September 1, Eli's Painting Service borrows $150,000 from National Bank on a 4-month, $150,000, 6% note. The entry by Eli's Painting Service to record payment of the note and accrued interest on January 1 is

a. Notes Payable....................................................................... 153,000 Cash.............................................................................. 153,000 b. Notes Payable....................................................................... 150,000 Interest Payable..................................................................... 3,000 Cash.............................................................................. 153,000 c. Notes Payable....................................................................... 150,000 Interest Payable..................................................................... 9,000 Cash.............................................................................. 159,000 d. Notes Payable....................................................................... 150,000 Interest Expense.................................................................... 3,000 Cash.............................................................................. 153,000

Business

Interest on a six-month, 7 percent, $2,000 note is calculated by multiplying $2,000 ´ 7/100 ´ 6/12

Indicate whether the statement is true or false

Business