Which of the following manufacturers would most likely not use a process-cost accounting system?
A. A paint manufacturer.
B. A lumber mill.
C. A builder of customized yachts.
D. A producer of computer monitors.
E. A producer of frozen orange juice.
Answer: C
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Which of the following terms only considers the time it takes for a system to fail while it is operating but does not take into account any downtime associated with the repairs the system may need?
A. reliability B. availability C. redundancy D. maintainability
Morgan Corporation acquired land by issuing its common stock. How should this transaction be disclosed when a statement of cash flows is prepared?
A) On the face of the statement of cash flows or in the notes to the financial statements. B) The acquisition of land should be reported as an investing activity and the issuance of the stock as a financing activity. C) In the operating activities section under the indirect method. D) The transaction does not need to be disclosed.
The relationship between unions and minority workers in the U.S. is complex but can be summarized as:
A. Unions have largely been hostile toward minority workers. B. Unions have been strong advocates for diversity throughout their history. C. Union behaviors toward minorities have reflected larger social patterns of discrimination. D. Unions have little influence or interest in issues of racial discrimination; they have remained largely neutral on the subject.
What were the benefits of relational database systems versus traditional file-oriented data structures?
What will be an ideal response?