The data ____ component is used to create and maintain the data dictionary
a. manipulation c. definition
b. application d. administration
C
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In a production environment that manufactures goods to customer specifications, a job-order costing system
a. can be used only if standard costs are used for materials and labor. b. will provide reasonable product cost information only when all jobs utilize approximately the same quantities of material and labor. c. may be maintained using either actual or predetermined overhead rates. d. emphasizes that large customers create the most costs even though they also provide the most revenues.
Which of the following is NOT a benefit of cycle counting?
a. fewer disruptions to daily operations than a complete physical count b. providing an ongoing measure of inventory accuracy c. focusing on items critical to business processes d. less time consuming than using RFID
Which ratio or concept describes the extent to which the government has lived within its means for the year?
A. Current ratio. B. Revenue dispersion. C. Interperiod equity. D. Debt to assets.
A principal may be liable for an agent’s or an employee’s tort, with the exception of negligence, which is an unintentional tort for which the agent or employee is vicariously liable.
Answer the following statement true (T) or false (F)