Which of the following is TRUE about the database development process?
A. User review of the data model is avoided as it is not helpful in data modeling.
B. Changing a relationship from 1:N to N:M in an existing database is a complex and lengthy process.
C. The database structure is easy to change during the data modeling stage.
D. Normalization is unnecessary for large databases.
E. Databases are easier to develop than spreadsheets.
Answer: C
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Adkins Bakery uses the modified half-month convention to calculate depreciation expense in the year an asset is purchased or sold. Adkins has a calendar year accounting period and uses the straight-line method to compute depreciation expense. On March 17, 2018, Adkins acquired equipment at a cost of $200,000. The equipment has a residual value of $45,000 and an estimated useful life of 3 years. What amount of depreciation expense will be recorded for the year ending December 31, 2018? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
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Indicate whether the statement is true or false
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claims 70,000 Inspection of incoming materials 30,000 Scrap costs 24,000 Statistical process control 30,000 Refer to the Bradford Inc information above. What are Bradford's total prevention costs? A) $60,000 B) $170,000 C) $75,000 D) $110,000