A(n) ________ creates, organizes, tracks, and destroys other objects, often instances of an entity class
A) interface object
B) lifecycle object
C) utility object
D) flow object
B
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Dividing the amount of U.S. currency in circulation by the number of people in the United States shows that, on an average, each person holds almost $3,000 in cash. The most important explanation for this remarkably large sum is that
A. the underground economy in the United States is huge, with many dollar transactions. B. huge amounts of cash have been lost over time. C. most of the cash is circulating in foreign countries. D. banks keep huge amounts of cash in their ATMs and bank vaults.
Vertical coordination can facilitate stronger customer-seller ties but at the same time may increase the risk to the customer's and supplier's specific investments. What are specific investments and why are they risky?
What will be an ideal response?
Financial ratio, percentage, and trend comparisons can be distorted by all of the following except:
a. aggressive revenue recognition practices. b. the timing of asset purchases. c. accounting for similar economic fundamentals in similar fashion. d. the presence of nonrecurring items among the firms being analyzed.
A small manufacturing company recently stated its sales goal for a period was $100,000 . At this level of activity, its budgeted expenses were $80,000 . Its actual sales were $100,000, but its actual expenses were $85,000 . This company operated
a. effectively and efficiently. b. neither effectively nor efficiently. c. effectively but not efficiently. d. efficiently but not effectively.