A collection of entities that share common properties or characteristics best defines:

A) entity type.
B) entity instance.
C) entity occurrence.
D) entity collection.
E) data set.


A
Explanation: A) An entity type is a collection of entities that share common properties or characteristics (i.e., book, supplier, and state).
CL

Business

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Green Company reports depreciation expense of $35,000 for Year 2. Also, equipment costing $140,000 was sold for a $5,000 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet. Compute the cash received from the sale of the equipment.At December 31Year 2Year 1Equipment$610,000 $750,000 Accumulated Depreciation-Equipment 428,000  500,000 

A. $38,000. B. $35,000. C. $23,000. D. $67,000. E. $40,000.

Business

The recent large decline in ________ has had a psychological impact on consumers who tend to spend more when they feel their net worth is rising and postpone purchases when it declines.

A. automobile prices B. home values C. fuel prices D. the number of people competing for jobs E. consumer confidence

Business

Customer satisfaction surveys, as part of an external customer service audit, should include all of the following except?

a. Opportunities for a customer to indicate satisfaction with firm performance on each customer service element b. Opportunities for a customer to indicate satisfaction with a firm’s competitors c. Opportunities to express customer changes in demographics (e.g., changes in marital status, address, etc.) d. Opportunities to provide free-form comments

Business

Which of the following statements is NOT true in regards to non-posting accounts?

Business