In _____, each department has its own computer for performing and controlling processing tasks
A) centralized processing
B) decentralized processing
C) distributed processing
D) modular processing
B
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Which of the following is characteristic of companies that use analytics?
A. Use of predictive modeling B. Having a single, focused application for its use C. Information overload D. Use of competitive intelligence E. Making decisions intuitively
The first step in the strategic retail planning process is to define the business mission.
Answer the following statement true (T) or false (F)
Under which of the following theories would the accounting equation be Total Assets = Total Equities (including liabilities)?
a. Residual equity theory b. Proprietary theory c. Entity theory d. Commander theory
A company's board of directors votes to declare a cash dividend of $1.00 per share on its 12,000 common shares outstanding. The journal entry to record the payment of the cash dividend is:
A. Debit Retained Earnings $12,000; credit Common Dividend Payable $12,000. B. Debit Common Dividend Payable $12,000; credit Retained Earnings $12,000. C. Debit Dividend Expense $12,000; credit Cash $12,000. D. Debit Common Dividend Payable $12,000; credit Cash $12,000. E. Debit Dividend Expense $12,000; credit Common Dividend Payable $12,000.