What takes new technologies and attempts to find useful applications for them?
a. brainstorming
b. applied research
c. product development
d. basic research
Ans: b. applied research
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The interaction between information systems and organizations is influenced
A) primarily by the decision making of middle and senior managers. B) by the development of new information technologies. C) by many factors, including structure, politics, culture, and environment. D) by two main microeconomic forces: capital and labor. E) by management decisions.
Tucker and Titus are partners who share income in the ratio of 3:1 . Their capital balances are $40,000 and $60,000, respectively. Income Summary has a credit balance of $40,000 after the second closing entry. What is Tucker's capital balance after closing Income Summary to the capital accounts?
a. $40,000 b. $70,000 c. $10,000 d. $80,000