When selection is indicated for elements in the data dictionary:
A) a simple sequence of structured English statements is all that is necessary.
B) an IF...THEN...ELSE structure must be present in the structured English statements.
C) DO WHILE, DO UNTIL, or PERFORM UNTIL structured English statements must be included.
D) a decision tree must be used to depict the logic.
B
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If a company purchases equipment costing $4,500 on credit, the effect on the accounting equation would be:
A. One asset increases $4,500 and another asset decreases $4,500. B. Assets increase $4,500 and liabilities decrease $4,500. C. Assets increase $4,500 and liabilities increase $4,500. D. Equity increases $4,500 and liabilities decrease $4,500. E. Equity decreases $4,500 and liabilities increase $4,500.
Under the perpetual inventory system when a freight charge is paid, Freight-In is debited and Cash is credited
Indicate whether the statement is true or false
In limited partnerships:
A. the sponsoring company acts as the general partner. B. the sponsoring company does not retain rights to use any base technology to develop other products. C. there is no special tax benefit for partners. D. the liability for any loss incurred is borne by the company.
The average tardiness for jobs listed in the following table under the earliest due date (EDD) rule is ______.
a. 7.8 days
b. 6.8 days
c. 5.8 days
d. 4.8 days