Information that is collected in database systems can be used, in general, for two purposes: an operational purpose and a transactional purpose
Indicate whether the statement is true or false
FALSE
Business
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Rizzo Restaurants disclosed the following PP&E information in its financial statement notes for the most recent two-year period: 12/31/Year 1 12/31/Year 2 Land $100 $100 Buildings $1,000. $850 Equipment. $400 $350 Constr. In Pro. $50. $50 Total PP&E. $1,500. $1,350 Acc Dep. (200) (150) PP&E, net $1350. $1200 Dep Exp. 50
The estimated average useful life is: a. 26.0 years. b. 25.5 years. c. 22.5 years. d. 29.0 years.
Business
Without specific authorization it is a violation for a sales associates except which of the following as a deposit?
A. A post dated check B. Cash C. Specie (coin) D. Valuable consideration
Business