All of the following are advantages of packaged data models EXCEPT:
A) packaged data models can be built using proven components evolved from cumulative experiences.
B) projects take less time and cost less.
C) the data model is easier to evolve.
D) more one-to-one relationships give the data model more flexibility.
D
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Greg's Copy Shop bought equipment for $60,000 on January 1, 2006. Greg estimated the useful life to be 3 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2007, Greg decides that the business will use the equipment for a total of 5 years. What is the revised depreciation expense for 2007?
a. $20,000 b. $8,000 c. $10,000 d. $15,000
________ products are those products purchased for further processing or for use in conducting a business
A) Unsought B) Specialty C) Shopping D) Industrial E) Convenience