Data type describes which of the following?

A) The kind of information stored in a file
B) The kind of information stored in a table
C) The kind of information stored in a field
D) The kind of information stored in a record

C

Business

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The FASB states that when an issuer makes an additional payment to encourage conversion, the payment should be reported as an expense

a. true b. false

Business

How does the size of the order impact organizational buying?

Most organizational buying is fairly routine so the size of the order does not impact the buying process. Because many organizational purchases involve a lot of money, a competitive bidding process is used. Because organizational buying occurs so frequently, most purchases are made from the same vendor.

Business