Which of the following is not an advantage of 4GL programs over 3GL programs?
A) fewer lines of code
B) easier to write
C) more efficient execution on the computer
D) easier to understand and modify
C
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Which of the following is the most serious limitation to financial statement analysis of publicly traded companies?
a. Some companies do not use GAAP. b. Inflation can distort comparisons between years. c. Some companies report nonoperating items such as extraordinary gains and losses, while others do not. d. Different industries use different account names.
Figure APC-2 is the condensed worksheet for the Christopher Company as of December 31, 2014.Additional Information:
a.Prepaid Insurance is for a two-year fire insurance policy dated July 1, 2014.b.The ending inventory amounts to $76.c.The building is being depreciated over a ten-year life, straight-line, no salvage value.d.The balance in Unearned Repair Service Revenue pertains to a contract sold on November 1, 2014, to provide service to a client for one year.e.Office supplies on hand at year-end amount to $14.f.At year-end, there are accrued salaries of $6.g.Consulting Revenue includes a contract for $60 received on October 1, 2014, for a one-year period of time.h.The tax rate is 50%.Required:Complete the worksheet, assuming that adjusting entries are made only at December 31.
What will be an ideal response?
Teams are typically better than the sum of individual efforts for tasks that:
a. Are easily divisible b. Focus on maximizing output c. Consist of additive efforts d. Generate a solution representative of the team’s product
Which of the following is not a potential pitfall of a focus strategy?
A. Product/service offerings that are highly focused are subject to competition from new entrants. B. Erosion of cost advantages can arise within the narrow segment. C. All rivals share a common input or raw material. D. Focusers can become too focused to satisfy buyer needs.