When a company pays for inventory previously purchased on account, the balance of:
a. cash will increase
b. inventory will decrease
c. accounts payable will increase
d. inventory will increase
e. accounts payable will decrease
Ans: e. accounts payable will decrease
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What is the difference between an e-business and an e-commerce business?
(a) An e-business sells merchandise, while an e-commerce business trades in securities. (b) An e-business is a business that has an online presence, while an e-commerce business has the ability to sell, trade, barter and transact over the Web. (c) An e-business is a business that has both physical stores as well as online stores, while an e-commerce business only does business over the Internet. (d) An e-business fits into the category of businesses that were in existence before the Internet, while an e-commerce business fits into the category of businesses that were created after the Internet became popular.
A data source that is fully SQL-compliant would use what type of DBMS driver?
A) Single-tier B) Multiple-tier C) SQL transform D) Text-based