Big data and the evolution of data processing and
communications technologies continue to reshape the balance of
centralized and distributed processing within enterprise
networks.
Indicate whether the statement is true or false
T
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During the adjusting process two transactions were neglected or omitted. The first is for unearned rent revenue of which $415 was earned during the period, the second was for accrued interest payable of which $275 is owed for the period. As a result of these omissions
A) expenses are understated by $275. B) These omissions would not affect the financial statements; the financial statements will be correct. C) revenue is overstated by $690. D) net income is overstated by $140. E) liabilities are overstated by $690.
In a panel interview ________
A) make eye contact only with the senior-most person in the group B) etiquette dictates that you only shake hands if panel members extend their hands first C) if panel members do not introduce themselves, wait until the conclusion of the meeting to ask for their names and positions D) business cards are usually not distributed E) creating a "map" of the table labeled with each panel member's information is a good idea