Informatics combines traditional disciplines, like ____, with computer systems and technology.
A. art and culture
B. science and medicine
C. farming and survival
D. politics and military strategy
Answer: B
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This class of cloud computing enables client firms to develop and deploy onto the cloud infrastructure consumer-generated applications using facilities provided by the vendor
a. Computing-as-a-Service b. Infrastructure-as-a-Service c. Platform-as-a-Service d. Software-as-a-Service
The debit balance in Cash Short and Over at the end of an accounting period is reported as
A) an expense on the income statement B) income on the income statement C) an asset on the balance sheet D) a liability on the balance sheet
Land costing $88,000 was sold for $50,000 cash. The loss on the sale was reported on the income statement as other expense. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?
A) $50,000 B) $88,000 C) $138,000 D) $38,000
Explain the three kinds of mistakes that can be made by either party while entering a contract. When are contracts involving mistakes rescinded?
What will be an ideal response?