A system in which hardware and software are not only linked together, but are also very dependent upon each other is referred to as:
A. Equipment combination.
B. Offline development.
C. Tightly coupled.
D. A system with weak internal control.
Answer: C
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The president of Christmas Corporation donated a building to Tuesday Corporation. The building had an original cost of $675,000, a book value of $255,000, and a fair market value of $475,000. The journal entry by Tuesday Corporation to record this donation will include a
A) debit Building for $255,000 and credit Gain for $255,000. B) debit Building for $475,000 and credit Gain for $200,000. C) debit Building for $475,000 and credit Gain for $475,000. D) debit Building for $675,000 and credit Gain for $200,000.
Why is it most likely important to maintain this guest's satisfaction with the hotel and the front desk clerk?
A) The guest is visiting the ReView Hotel during the off season and is paying a below average rate for the room. B) The guest is already satisfied with the wireless service, so her cluster of satisfactions will be maintained if she is also satisfied with the hotel and the front desk clerk. C) The guest's membership in the hotel's rewards club indicates a previous level of satisfaction that should be maintained by the front desk clerk to ensure customer loyalty. D) The hotel maintains exclusivity through various pricing levels and room features. E) The clerk is the only employee of the hotel with whom the guest will have contact.
The proceeds from the sale of real or personal property authorized by a writ of execution are used to pay the creditor the amount of the final judgment
Indicate whether the statement is true or false
Which of the following statements about valuing a firm using the compressed adjusted present value (CAPV) approach is most CORRECT?
A. The horizon value is calculated by discounting the free cash flows beyond the horizon date and any tax savings at the cost of debt. B. The horizon value is calculated by discounting the expected earnings at the WACC. C. The horizon value is calculated by discounting the free cash flows beyond the horizon date and any tax savings at the WACC. D. The horizon value must always be more than 20 years in the future. E. The horizon value is calculated by discounting the free cash flows beyond the horizon date and any tax savings at the levered cost of equity.