Which of the below does not represent an example of analytical information?
A. Trends and product statistics
B. Unstructured long-term decisions
C. Five year sales report
D. Future growth projections
Answer: B. Unstructured long-term decisions
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Which of the following represents the accounting equation?
A) liabilities = assets + owners' equity B) owners' equity = assets + liabilities C) assets = liabilities + owners' equity D) assets = liabilities - owners' equity E) assets = owners' equity - liabilities
When data is "hard keyed" into the program, which of the following is true?
A) Changing the data requires recreating (recording) the entire program. B) Changing the data requires purchasing additional computer storage and may take days or weeks. C) Changing the data is cost efficient and may be accomplished in a matter of minutes. D) Changing the data is costly and may take days or weeks.