Determine the net income of a company for which the following information is available for the month of July. Employee salaries expense$192,000?Interest expense22,000?Rent expense32,000?Consulting revenue448,000?
A. $694,000.
B. $266,000.
C. $202,000.
D. $448,000.
E. $246,000.
Answer: C
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A. Automatic call distribution systems B. Automated attendants C. Internet telephony D. Interactive kiosks
The FASB has set a hierarchy of inputs to consider in assessing fair value. Which of the following relates to Level 3?
a. Quoted prices for identical items in active, liquid, and visible markets. b. Unobservable inputs to be used in illiquid situations. c. Observable information for similar items in active or inactive markets. d. Unobservable inputs to be used in situations where markets do not exist.
Treasury shares plus outstanding shares equal
a. unissued shares. b. subscribed shares. c. authorized shares. d. issued shares.
What do data warehouses support?
A. OLAP and analytical processing B. OLTP C. Only OLAP D. Only analytical processing