Surrogate key values have no meaning to the users
Indicate whether the statement is true or false
TRUE
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Which of the following is true of bank spread?
A. The more vigorous the competition among banks, the smaller will be spread between the interest rates on loans and deposits. B. The larger the banks that are competing with each other, the larger will be spread between the interest rates on loans and deposits. C. The spread between the interest rates on loans and deposits will be much narrower in banks in rural areas than the banks in big cities. D. The lower the number of banks in a city, the smaller will be the spread between the banks' interest rates on loans and deposits.
A profit and loss statement represents your business performance over time.
Answer the following statement true (T) or false (F)
If ending inventory on December 31 . 2014, is overstated by $40,000, what is the effect on net income for 2015?
a. Net income is overstated by $40,000. b. Net income is understated by $40,000. c. Net income is overstated by $80,000. d. The answer cannot be determined from the information given.
_____________ is essential for gaining a competitive advantage for organizations.
What will be an ideal response?