To find out who is sending trade secrets out of the firm, you can use ________
A) DRM
B) data extrusion management
C) watermarking
D) None of the above
Answer: C
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Joseph, Inc uses the accrual basis of accounting. Joseph's insurance expense account had a $23,000 balance at the end of the year. The prepaid insurance account had a $6,000 balance at the beginning of the year and a $3,000 balance at the end of the year. How much cash was paid for insurance during the year?
A) $4,000 B) $20,000 C) $21,000 D) $29,000
The accountant for Frieda Company did not record a purchase of merchandise on credit or include the items in the ending inventory. Assuming a periodic inventory system, the balance sheet effects of these omissions on assets, liabilities, and retained earnings would be Set Assets Liabilities Retained Earnings I. Understate Understate Understate II. Understate Understate No effect III. No effect
Understate No effect IV. Understate No effect Understate ? A) Set I B) Set II C) Set III D) Set IV
When is a table in third normal form (3NF)?
The following data pertains to Timmins Company's operations last year:?Return on investment (ROI)20%?Sales$800,000?Margin5%?Minimum required rate of return16%Required:a. Compute the company's average operating assets.b. Compute the company's residual income for the year.
What will be an ideal response?