The update anomaly in unnormalized databases
a. occurs because of data redundancy
b. complicates adding records to the database
c. may result in the loss of important data
d. often results in excessive record insertions
A
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The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense $14,000 Social security and Medicare taxes withheld 1,050 Income taxes withheld 2,600 Retirement savings 1,000 The entry to record the payment of net pay would include a
a. debit to salaries payable for $14,000 b. debit to salaries payable for $9,350 c. credit to salaries expense for $9,350 d. credit to salaries payable for $9,350
________ is the first stage in the buying process
Fill in the blanks with correct word
A major disadvantage to the cost method of accounting is that _____
a. markdowns must be computed b. costs must be assigned to each item in stock c. sales receipts must be calculated d. purchases must be determined
Given the trend toward offshoring and outsourcing, value chains have become:
A. subject to geographical constraints. B. complex. C. easy to manage. D. risk-free.