City Inspections has three departments using the services of the Payroll Department. Total
monthly payroll shared cost is $10,000. The Annual inspections department has 5 employees
that make 20 requests.
The Emergency services department has 8 employees that make 50
requests. The Roads department has 7 employees that make 30 requests. If City Inspections
allocates shared payroll costs using number of employees as the allocation base, how much of
the payroll costs will be allocated to the Roads department?
A) $3,500 B) $2,500 C) $3,000 D) $4,000
A
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What term is sometimes used to describe the price at a particular point in time, say maturity, that is necessary to calculate today's price?
A) Face value B) Par value C) Boundary condition D) All of the above
A relation is a named, two-dimensional table of data and each relation (or table) consists of a set of named columns and an arbitrary number of unnamed rows
Indicate whether the statement is true or false