Which of the following is NOT a type of computer?
a. minicomputer
b. mainframe
c. self-actualized computer
d. microcomputer
e. supercomputer
c. self-actualized computer
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Many international firms are increasing their efforts to market their products and services to countries such as India and China as the ranks of their middle class continue to increase.
Answer the following statement true (T) or false (F)
In the 1950s, Sony licensed the technology for the transistor from Bell Labs and proceeded to become the world's leading manufacturer of portable radios. Which strategy was Sony using to gain competitive advantage?
A) collaboration B) layers of advantage C) changing the rules D) loose bricks E) engagement
At Carlson Services, the cashier collects checks and cash from customers, and the junior accountant records the transactions in the journal. The controller approves the journal entries and bank reconciliations. The treasurer signs checks and approves contracts. Which internal control procedure is exemplified in the above situation?
A) assignment of responsibilities B) competent, reliable, and ethical personnel C) separation of duties D) documents
Torino Company has 2200 shares of $50 par value, 7.0% cumulative and nonparticipating preferred stock and 22,000 shares of $10 par value common stock outstanding. The company paid total cash dividends of $7500 in its first year of operation. The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:
A. $200. B. $7500. C. $15,400. D. $7700. E. $7900.