A(n) ______________________________ is a representative user workload, processed on each vendor's proposed system configuration, to obtain comparative throughput measures
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benchmark
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___________is a rise in the general level of prices in the economy and results in a decrease in purchasing power
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Assume that on December 1, a note which has a face value of $9,000, bears interest at 9 percent for 120 days, received from a customer as an extension of his of past – due account is dishonored. The entry that would be made to record the dishonor (ignoring interest) is:
a. Notes receivable 9,000 Cash 9,000 b. Accounts receivable 9,000 Cash 9,000 c. Accounts receivable 9,000 Notes receivable 9,000 d. Cash 9,000 Accounts Receivable 9,000
Lee Manufacturing uses process costing. The following information is available for the current year: Number of units in beginning inventory 2,000 Number of units started in the current period 10,000 Number of units available in the current period 12,000 Number of units in ending inventory (1,600) Number of units completed in the current period 10,400 If Lee uses the FIFO method of process
costing, which units are assumed to be the first ones finished during the year? A) The 1,600 units in ending inventory B) The 10,000 units that were started in the current period C) The 1,000 units in beginning inventory D) The 12,000 units that were available in the current period
According to your textbook, a code of ethics should be developed through:
a. Adherence to legal obligations b. Democratic participation by organizational members c. Advice from corporate lawyers d. Robust debate at board level