In the database design approach known as normalization, the first assumption made about data is
A) there is no redundancy in the data.
B) the delete anomaly will not apply since all customer records will be maintained indefinitely.
C) everything is initially stored in one large table.
D) the data will not be maintained in 3NF tables.
Answer: C
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BC Company reported total sales revenue of $80,000 and total expenses of $72,000 (i.e., net income $8,000) for the year ended December 31, 20X. During 20X, accounts receivable increased by $3,000, merchandise inventory decreased by $2,000, accounts payable increased by $1,000, and $5,000 in depreciation expense was recorded. Assuming no other adjustments to net income are needed, the net cash inflow from operating activities was
A. $10,000. B. $11,000. C. $13,000. D. $19,000.
Explain the difference between accepting H0 and failing to reject H0