While a traditional data warehouse stores data in files or folders, a data lake uses a flat architecture to store data.
Answer the following statement true (T) or false (F)
True
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A SWOT analysis focuses on which of the following?
A) on your business only B) on both your business and your competitors C) on your competitors' businesses only D) on the customers only
The following data relate to Swift Company for the year ended December 31, 2012 . Swift Company uses the accrual basis. Sales on credit $250,000 Cost of inventory sold on credit 170,000 Collections from customers 220,000 Purchase of inventory on credit 150,000 Payment for purchases 140,000 Selling expenses (accrual basis) 40,000 Payment for selling expenses 45,000 Which of the following amounts
represents income for Swift Company for the year ended December 31, 2012? a. $60,000 b. $50,000 c. $40,000 d. $35,000 e. $30,000
In using the total cost concept of applying the cost-plus approach to product pricing, what is included in the markup?
A) Total selling and administrative expenses plus desired profit B) Total fixed manufacturing costs, total fixed selling and administrative expenses, and desired profit C) Total costs plus desired profit D) Desired profit
On January 1, a company issued a $500,000, 10%, 8-year bond payable, and received proceeds of $473,845. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The amount of interest expense to be recorded on June 30 is $25,000.
Answer the following statement true (T) or false (F)