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iris [78.8K]
3 years ago
14

Consider the subschema of a receiving clerk. The receiving clerk needs sufficient rights in her logical view to perform her duti

es but not be given rights that she does not need. Within her duties, she validates that items being received were ordered from a supplier before she accepts shipments from that supplier. To do so she must be able to see purchases from each supplier. Determine which rights (Create, Read, Update, and Delete) the receiving clerk should have for data corresponding to sales, cash receipts, purchases, and suppliers.
Business
1 answer:
Semmy [17]3 years ago
7 0

Answer:

In this project question we have to consider sub schema of a receiving clerk. As per the information provided in the case study the receiving clerk needs sufficient rights in her logical view to perform her duties but not given rights that she does not need. On the basis of the information given in the question right to create the receiving clerk should have for data corresponding to sales cash receipts, purchase, and suppliers. In this project question receiving clerk is using her right to create so we can say for the validation for the items received the clerk is using this right. Right to create is important as per the laws of business. Complete information should be presented by both the parties for the successful completion of the order. In this question this right is using by the receiving clerk.

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Answer:

B. equals the relative price of the two goods.

Explanation:

A budget constraint refers to how much money a person or a company has to spend in any given pair of goods or services, e.g. you have $10 and you want to eat hot dogs and drink Coke.

The slope of the budget constraint refers to the relative price of the two goods or services, e.g. a hot dogs costs $2 and a Coke costs $1.50. The slope of the budget constraint = $1.50 / $2 = 0.75. The slope of a budget constraint is always equal or less than 1, that is why the smallest value is the numerator.

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3 years ago
When the cost method is used to account for an investment, the carrying value of the investment is affected by a.the earnings an
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Dividends of the invested
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3 years ago
On January 1, 20Y3, The Simmons Group, Inc., purchased the assets of NWS Insurance Co. for $37,152,500, a price reflecting an $5
Triss [41]

Answer:

The Simmons Group, Inc.

a. December 31, 20Y9, the book value of Goodwill before impairment = $5,572,875

b. Effects on the accounts of the December 31, 20Y9 adjustment for the goodwill impairment:

1. Impairment loss of $3,901,012 will be accounted for in the Income Statement for the year, thus reducing the reported profits by $3,901,012.

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Goodwill on acquisition = $5,572,875

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Impaired value - $1,671,863

Impairment loss = $3,901,012 ($5,572,875 - $1,671,863)

b) The Goodwill impairment shows that the carrying amount, $1,671,863, is less than the fair value of $5,572,875.  Goodwill is an intangible asset which Simmons Group acquired from NWS Insurance on January 1, 20Y3.  It is annually tested for impairment by comparing the fair value with the carrying value.  

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3 years ago
Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 trend percentages for net sales using 20
babunello [35]

Answer:

119.4% for 2017 and 100.0% for 2016.

Explanation:

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Net sales                                 $276,200        $231,400

Cost of goods sold                  $151,900        $129,590

Operating expenses                $55,240         $53,240

Net earnings                             $27,820          $19,820

since we are using 2016 as a base year, the $231,400 in net sales represent 100%, so the trend percentage for 2017 = net sales 2017 / net sales 2016 $276,200 / $231,400 = 1.1936 = 119.4% or a 19.4% increase.

The base year's amount will always be 100% or 1, and the trend percentages will change relative to that year.

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4 years ago
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