Data modeling may be the most important part of the systems development process because:

A) data characteristics are important in the design of programs and other systems components.
B) the data in a system are generally less complex than processes and play a central role in development.
C) data are less stable than processes.
D) it is the easiest.


A

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Suppose the president lowers tariffs on radios as the result of negotiations under the trade agreements program. Radio producers in the United States can appeal under the

a. escape clause if rising imports substantially injure the U.S. radio industry. b. escape clause if rising unemployment occurs even though imports remain unchanged. c. infant industry clause if rising imports cause unemployment to rise among U.S. radio workers. d. infant industry clause if rising imports result in losses for U.S. radio companies.

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Contribution margin per unit is calculated as selling price per unit less fixed costs per unit

Indicate whether the statement is true or false

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A debit signifies a decrease in

A) assets B) expenses C) drawing D) revenues

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Which of the following is not true regarding derivatives?

a. A derivative is a financial instrument whose value is based upon another financial instrument, stock index or interest rate, or interest rate index. b. Derivatives can be classified into two general types: forward-based and option-based derivatives. c. Unrealized holding gains and losses on derivatives are not recognized. d. SFAS No. 133 values derivatives at fair value.

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