The increase in the rate at which data flow into an organization due to online sales, mobile computing, smartphones, and online social networks is an example of Big Data velocity
a. True
b. False
A
You might also like to view...
Sugar and Spice Foods is famous for its cupcakes. One of the main ingredients of the cupcakes is sugar, which Sugar and Spice purchases by the pound. In addition, the production requires a certain amount of direct labor. Sugar and Spice uses a standard cost system, and at the end of the first quarter, there was a favorable direct labor efficiency variance. Which of the following is a logical explanation for that variance?
A) The cost of workers' medical insurance plans jumped up dramatically during the quarter. B) The factory lost two experienced workers at the beginning of the quarter, and their replacements wasted a large amount of direct materials during their training period. C) The purchasing manager was able to secure a volume discount on dried fruit, purchasing the sugar for less than the amount set by standard. D) The production staff changed the work flow process so that production required fewer direct labor hours than the standards allowed.
Certain debtors may not qualify to have all debts discharged in bankruptcy
a. True b. False Indicate whether the statement is true or false
A company has the following information on their income statement and balance sheet: Total
Sales $345,678; Returns and Allowances $15,500; Cost of Goods Sold $175,000; Total Assets $500,000; Current Assets $25,000. What is their Fixed Asset Turnover ratio? A) 0.660 B) 0.695 C) 0.728 D) 0.368 E) 0.691
What economic variables would give some indication of the country risk present in a particular country?
What will be an ideal response?