Explain a plan-do-check-act process.
What will be an ideal response?
Plan – State what you are doing and how you will accomplish it.
Do – Carry out the plan.
Check – See if the desired results were achieved.
Act – Analyze reason for achieving or not achieving results. If not achieved, make the necessary changes to achieve the desired results. Standardize the process after the desired results have been achieved.
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In PL/SQL, if a SELECT statement returns no rows, Oracle does not return an error.
Answer the following statement true (T) or false (F)
The accounting concept that requires financial statement information to be supported by independent, unbiased evidence is:
A. Time-period assumption. B. Objectivity principle C. Business entity assumption. D. Going-concern assumption. E. Revenue recognition principle.
It is January 1st and Darwin Davis has just established an IRA (Individual Retirement Account)
Darwin will put $1000 into the account on December 31st of this year and at the end of each year for the following 39 years (40 years total). How much money will Darwin have in his account at the end of the 40th year? Assume that the account pays 12% interest compounded annually and round to nearest $1000. A) $767,000 B) $766,000 C) $850,000 D) $93,000
Which of the following was not one of the reasons why the Interstate Commerce Commission was created by Congress?
a. There was frenzied railroad financing. b. Railroad rates discriminated among shippers. c. The transcontinental railroad needed completion. d. Cutthroat competition between eastern and western railroads affected profits.