What is a database system?
What will be an ideal response?
A database system is a computer-based system, and its purpose is to enable an efficient interaction between the users and the information captured in a database.
Business
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A company purchased a tract of land on which it expects to build a production plant on in approximately five years. During the five years before construction, the land will be idle. In what classification should the land be reported?
A. Property, plant, and equipment B. Land expense C. A long-term investment D. An intangible asset
Business
An individual may not receive title to real property by:
a. a patent b. escheat c. adverse possession d. a quitclaim deed
Business