The database management system (DBMS) provides applications for processing operations such as ________

A) sending and receiving emails
B) generating software codes
C) inserting or deleting information
D) automating business processes


C

Business

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Clay Inc. has two divisions, Myrtle and Laurel. Following is the income statement for the previous year:  Myrtle Laurel TotalSales$560,000 $336,000  $896,000Variable Costs 176,000  174,000   350,000Contribution Margin 384,000  162,000   546,000Fixed Costs (allocated) 284,375  170,625   455,000Profit Margin$99,625 $(8,625) $91,000What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable?

A. $384,000 profit B. $99,625 profit C. $91,000 profit D. $71,000 loss

Business

Which of the following statements was not made in ARB 43?

a. Income taxes are an expense that should be allocated as other expenses are allocated. b. Income taxes should be allocated to income and other accounts as other expenses are allocated. c. The income statement should reflect tax expense properly allocable to the income included in the income statement for the year. d. Tax expense should equal the amount of tax payable based on taxable income for the year.

Business

The nature and duration of visitation rights is determined by the parent who has legal custody without the involvement of the court

Indicate whether the statement is true or false

Business

In the Johari Window, Area II represents what we know about ourselves and what others know about us

Indicate whether the statement is true or false

Business