An arrow is used to depict an external entity that can give and receive data from the system

Indicate whether the statement is true or false


FALSE

Business

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Cornelia's Closet has the following assets and liabilities for the dates given: October 1October 31 Cash$40,00060,000Accounts Receivable 40,00038,000Accounts Payable 6,000  ?Also, its net income, for October 1 through October 31 was $20,000 and there were no stock issuances or dividends. Determine the equity at both October 1 and October 31.

What will be an ideal response?

Business

Andrew showed up to every team meeting late and did not complete his part of the project. The rest of the team had to pick up the slack to complete the project on time. Despite his lack of contribution, Andrew received the same group incentive as everyone else on the team. This illustrates which disadvantage of group incentives?

A. Social loafing may occur. B. Individual output may be discounted. C. Outstanding performers may slacken efforts. D. Group infighting may arise.

Business

Monthly payments on home mortgages often include, PITI, Principal, Interest, Property Taxes, and_________

Fill in the blank(s) with correct word

Business

Give a definition of 1NF

What will be an ideal response?

Business