Changes made to a system to evolve its functionality to changing business needs or technologies are referred to as:
A) corrective maintenance.
B) adaptive maintenance.
C) preventive maintenance.
D) perfective maintenance.
E) environmental maintenance.
B
Explanation: B) Adaptive maintenance is usually less urgent than corrective maintenance because business and technical changes typically occur over some period of time.
CL
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The Merchant Company issued 10-year bonds on January 1 . The 15% bonds have a face value of $100,000 andpay interest every January 1 and July 1 . The bonds were sold for $117,205 based on the market interest rate of12%. Merchant uses the effective interest method to amortize bond discounts and premiums. On July 1 of the firstyear, Merchant should record interest expense (round to the nearest
dollar) of a. $7,032 b. $7,500 c. $8,790 d. $14,065
When cash collectibility is uncertain, a firm using the ____________________ method recognizes revenue as it collects portions of the selling price in cash
Fill in the blank(s) with correct word
According to Henry Mintzberg, organizational structure can be defined as:
A) The ways in which labor is divided into distinct tasks, and coordination is achieved among these tasks B) The ways in which tasks are divided among divisions and managerial coordination achieved from the highest level of the organization C) The allocation of an organization's resources to divisions and departments D) The way in which coordination and cooperation between productive tasks is organized
An external customer is a co-worker or supervisor within an organization who depends on products, supplies, or services from a different department within the same organization
Indicate whether the statement is true or false