In the context of data management, _____ refers to all the occurrences sharing the same types of data.
A. metadata
B. entity
C. encapsulation
D. schema
Answer: B
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The expected exit value is also referred to as the
A) ?fair value. B) ?present value. C) ?input value. D) ?current replacement cost.
The third component of the conceptual map is "Therefore, we should study (topic)."
Indicate whether the statement is true or false
A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On July 28, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 28 is:
A. Debit Accounts Payable $1,800; credit Cash $1,800. B. Debit Merchandise Inventory $1,600; credit Cash $1,600. C. Debit Accounts Payable $1,600; credit Merchandise Inventory $32; credit Cash $1,568. D. Debit Accounts Payable $1,600; credit Cash $1,600. E. Debit Cash $1,600; credit Accounts Payable $1,600.
Which of the following items is reported on the statement of cash flows under financing activities?
A. Payment of a stock dividend. B. Payment for merchandise. C. Payment of a cash dividend. D. Stock split. E. Purchase of equipment for cash.