During the developer-as-engineer systems development era, documentation, rigorous testing, structured tools and techniques, and computer-based tools became standard parts of analysis and design
Indicate whether the statement is true or false
TRUE
Explanation: This engineering-based view spawned the structured analysis and structured design approaches to development from which many of the tools and techniques are derived.
CL
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Use the information presented below for Chambersburg Corp for 2017 and 2016 to answer the questions that follow. Chambersburg uses the straight-line depreciation method. 2017 2016 Property, plant, and equipment $ 250,000 $190,000 Accumulated depreciation 100,000 85,000 Depreciation expense 62,500 47,500 Net sales 1,000,000 900,000 Average Total assets 625,000 475,000 Refer to the information for
Chambersburg Corp Using the 2017 data, what is the average age of Chambersburg's property, plant, and equipment? a. 1.60 years b. 2.50 years c. 4.00 years d. 10.00 years
Income taxes payable are recognized as an expense once they are paid to the respective government or taxing authority
a. True b. False Indicate whether the statement is true or false
U.S. GAAP and IFRS require complex procedures in accounting for income taxes. For example, firms provide for estimated uncollectible accounts when they recognize sales on account but delay the tax deduction until later, when firms judge that particular customers' accounts are uncollectible. In this example, a
a. deferred tax asset arises. b. deferred tax liability arises. c. firm recognizes a revenue earlier for financial reporting than for tax reporting. d. firm recognizes a revenue earlier for tax reporting than for financial reporting. e. firm recognizes an expense earlier for tax reporting than for financial reporting.
What is the role of a manufacturer's sales branch in the three-level business distribution channel
structure? A) providing installation services and training staff of customers in operation of sold products B) providing consulting services to assist in the sales of industrial products C) collecting components from many manufacturers and resell them to business customers D) facilitating sales through an indexed catalog of products