Multidimensional data analysis techniques include advanced computational functions
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following variations of the retail inventory method would generally result in the lowest cost-to-retail ratio in a period of declining prices?
A) FIFO B) LIFO C) average cost D) lower of average cost or market
Which of the following statements about marketing is TRUE?
A) It is of little importance when products are standardized. B) It can help create jobs in the economy by increasing demand for goods and services. C) It helps to build a loyal customer base but has no impact on a firm's intangible assets. D) It is not needed in an Internet-fueled environment. E) It is seldom used by nonprofit organizations.
A machine costing $75,000 is purchased on September 1, Year 1. The machine is estimated to have a salvage value of $10,000 and an estimated useful life of 4 years. Double-declining-balance depreciation is used. If the machine is sold on December 31, Year 3 for $13,000, the journal entry to record the sale will include:
A. A debit to loss on sale for $2,625. B. A debit to loss on sale for $3,042. C. A credit to gain on sale for $4,979. D. A credit to accumulated depreciation for $59,375. E. A credit to gain on sale for $8,000.
What captures transaction and event information using technology to (1) process the information according to defined business rules, (2) store the information, and (3) update existing information to reflect the new information?
A. TPS B. OLAP C. DSS D. OLTP