Business buyers often select suppliers who also buy from them

Indicate whether the statement is true or false

TRUE

Business

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Changing the name of owner O3, Pam to Pamela in the table VEHICLE will cause an occurrence of a modification anomaly

Indicate whether the statement is true or false

Business

The City of Kent's police department needs a new police car. A police car is ordered at an estimated cost of $34,000 and the appropriate budgetary control journal entry is made. When the car is received, the actual cost is $35,000. Which of the following is a part of the budgetary entry that should be made when the police car is received?

a. debit encumbrances for $34,000 b. credit encumbrances for $34,000 c. debit encumbrances for $35,000 d. credit encumbrances for $35,000

Business