Which of the following are examples of transactional information?
A. Airline ticket, sales receipts, and packing slips
B. Trends and sales statistics
C. Product sales results, grocery receipts, and growth projections
D. Airline tickets and sales growth spreadsheets
A. Airline ticket, sales receipts, and packing slips
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The development of a new information system is economically justified if the _____.
A. benefits outweigh the costs B. operational costs are high C. return on investment is negative D. costs exceed returns
A common–size statement is a result of which analysis?
a. Ratio analysis b. Vertical analysis c. Break–even analysis d. Horizontal analysis
The test of "foreseeability" is generally used to determine the existence of which element of a negligence case?
A)Duty of due care B)Breach C)Factual cause D)negligence per se
On May 1, 2010, Cynthia Hendrix bought her home and First Bank recorded its mortgage. On June 24, 2012, Cynthia sold her home to Stanton Gulbrandsen for $250,000. At that time, Cynthia's mortgage was $225,000. Stanton assumed Cynthia's mortgage and gave Second Bank a second mortgage for $225,000. Second Bank did not record its mortgage. On October 12, 2014, Stanton sold the home to Derek Bolger
for $275,000. Bolger took the property subject to the previous mortgages and executed a $275,000 mortgage to Third Bank. Third Bank recorded its mortgage on October 18, 2014. Third Bank knew of the Second Bank mortgage. ?Who is liable on the First Bank mortgage? A)?Cynthia B)?Stanton C)?Derek D)?Both a and b