A data source that is local to a single computer and can be used by the operating system and any user on that computer is called a ________ data source
A) file
B) user
C) shared
D) system
D
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Telecommunications has made business processes less efficient.
Answer the following statement true (T) or false (F)
At the beginning of 2019, Patriots Company has the following account balances:
Accounts Receivable $40,000 (Debit) Allowance for Bad Debts $7000 (Credit) Bad Debts Expense $0 During the year, credit sales amounted to $810,000. Cash collected on credit sales amounted to $790,000, and $17,000 has been written off. At the end of the year, the company adjusted for bad debts expense using the percent-of-sales method and applied a rate, based on past history, of 2.5%. The amount of bad debts expense for 2019 is ________. A) $20,250 B) $41,000 C) $17,000 D) $10,250
Standard costing is typically a sophisticated and inexpensive component to add to a company's existing cost accounting system
Indicate whether the statement is true or false
An undisclosed principal will be bound by any contract the agent enters into with actual authority
a. True b. False Indicate whether the statement is true or false