A plural relationship is a relationship that the data modeler chooses to model as entity type
Indicate whether the statement is true or false
FALSE
Explanation: An associative, not a plural relationship, is a relationship that the data modeler chooses to model as an entity type.
CL
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Ending inventory valued under the FIFO method will be the same regardless of whether the periodic system or the perpetual system is used
a. True b. False Indicate whether the statement is true or false
An illegal union contract mechanism requiring companies to hire only union members to work in their facility would be a(n) _____ agreement.
A. agency shop B. closed shop C. augmented shop D. maintenance of membership E. union membership
When graphing cost-volume-profit data on a CVP chart:
A. Units are plotted on the vertical axis; costs on the horizontal axis. B. Both units and costs are plotted on the horizontal axis. C. Data points always represent expected future points. D. Both units and cost are plotted on the vertical axis. E. Units are plotted on the horizontal axis; costs on the vertical axis.
Prentice and Mercedes are partners in a catering business. The law of agency:
a. has no significance for their business. b. is important to their business because both Prentice and Mercedes are agents of the partnership and as such have the authority to represent and bind the business in all usual transactions of that partnership. c. will only affect their business if they hire employees. d. will only affect their business if they hire independent contractors.