The text of an email or a social media post would be referred to as ________
A) structured data
B) unstructured data
C) predictive data
D) optimized data
E) converted data
D
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Either a drop in net profit margin or a drop in total asset turnover, or both, can cause return on assets to fall
Indicate whether the statement is true or false
A company has net sales of $50,000 during the year. At year end (before an adjustment is made), Allowance for Uncollectible Accounts has a credit balance of $2,500. If the company estimates that 3 percent of net sales are uncollectible, what is the balance in the allowance account after the year-end adjustment has been made using the percentage of net sales method?
A) $1,500 debit balance B) $1,500 credit balance C) $4,000 credit balance D) $1,000 debit balance
Which method of inventory costing is not acceptable for financial accounting purposes?
A) Specific identification B) FIFO C) LIFO D) Retail cost
Product quality includes all of the follwing except
a. Durability. b. Appeal. c. Price. d. Performance.