Which of the following adjustemnets do not occur in the consolidation process?
a) Elimination of parent's retained earnings
b) elimination of intra-company balances
c)allocations of difference between implied and book values
d)elimination of the investment account
Ans: b) elimination of intra-company balances
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In which of the following cases is Royalty Chocolates repositioning its products?
A) When sales fell due to concerns about chocolate's high calorie count, Royalty Chocolates advertised its products as decadent gifts for bridal showers and weddings. B) Royalty Chocolates publicized its use of free -trade and organic ingredients to distinguish itself from competitors. C) When sales fell due to a product safety scare, Royalty Chocolates embarked on an extensive ad campaign to reinforce its brand identity in the minds of consumers. D) Royalty Chocolates decided to sell its chocolates in the familiar bar form as consumers associate this form with chocolate.
The DBMS ranked as having the "least power and features" in the text is Microsoft Access
Indicate whether the statement is true or false