If each employee can have more than one skill, then skill is referred to as a:
A) gerund.
B) multivalued attribute.
C) nonexclusive attribute.
D) repeating attribute.
E) data replica.
B
Explanation: B) An employee's skills are considered multivalued because the employee likely has a number of skills (i.e., hard worker, SQL expert…).
CL
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The net income of a company for the year was $570,000 The company has no preferred stock. Common stockholders' equity was $1,800,000 at the beginning of the year and $2,300,000 at the end of the year. Calculate the rate of return on common stockholders' equity. (Round your answer to two decimal places.)
A) 24.78% B) 19.86% C) 31.67% D) 27.80%
Which of the following is false about an income statement?
a. Items that cannot be measured reliably are not reported in the income statement. b. It is used to measure the solvency of a company. c. Income measurement involves judgment. d. Income numbers are affected by the accounting methods employed