Which of the following elements of a database application provides security, dataconsistency, and special-purpose processing?
A) query applications
B) application programs
C) reports
D) forms
B
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Corporations are owned by stakeholders
Indicate whether the statement is true or false
Karvel Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. For the month of August, Karvel estimated total manufacturing overhead costs at $300,000 and total machine-hours at 75,000 hours. Actual results for the period were manufacturing overhead costs of $290,000 and 75,000 machine-hours. As a result, Karvel would have:
A. applied an amount of overhead to Work in Process that was equal to the actual amount of overhead. B. applied more overhead to Work in Process than the actual amount of overhead cost for the year. C. found it necessary to recalculate the predetermined overhead rate. D. applied less overhead to Work in Process than the actual amount of overhead cost for the year.
An appliance company is planning to open another manufacturing facility. Top executives, practicing ________, have ensured that the design team for the new site includes women to address any unique needs female employees may have.
A. reverse discrimination B. diversity management C. overt discrimination D. procedural justice E. distributive justice
Heather purchased undeveloped land to drill for oil and gas. She spent $800,000 on intangible drilling costs during the year of purchase, which she elected to immediately deduct. During the three years of the well's operation, Heather deducted $1.2 million of cost depletion. Heather has sold the property for a $3 million gain. The gain will be treated as
A) $3 million Sec. 1231 gain. B) $3 million ordinary gain. C) $2 million ordinary income and $1 million Sec. 1231 gain. D) $1.2 million ordinary income and $1.8 million Sec. 1231 gain.