Answer:
The correct answer is: Information should be just barely sufficient for its purpose.
Explanation:
Data characterization refers to the general characteristics of objects in a target class, and produces what are called characteristic rules. The relevant data for a class specified by the user is normally retrieved through a database query and executed through a summary module to extract the essence of the data at different levels of abstractions. For example, one may want to characterize OurVideoStore customers who regularly rent more than 30 movies a year. With conceptual hierarchies in the attributes that describe the target class, the attribute-oriented induction method can be used, for example, to perform the data summary. Note that with a data cube that contains a data summary, simple OLAP operations fit the purpose of data characterization.
Answer:
D. the necessity in a barter system of each trading partner wanting what the other has to trade.
Explanation:
Double confidence of wants was one of the shortcomings of the barter system.
For example, if someone wants corn and has yam. He has to find someone that wants yam and has corn to trade in order for a trade to occur.
The introduction of money solved this problem.
I hope my answer helps you
Answer:
<u>(A) When selecting one of two projects, managers should select the project with the higher total expected cash flow.</u>
Explanation:
- When running a business the managers must take into account the type of business entity they are dealing with and also find the projects that deliver maximum returns and give them the maximum benefits.
- The business run by the sole owners must be based on generating a good client base and reducing the cost associated with the company.
- Thus it's essential to select the cash flow with a high amount of growth and lower risks.
Explanation:
On the books of Shore Co
Cash A/c Dr $111,560
Sales discount A/c $2,240 ($11,2000 x 2%)
To Accounts receivable A/c $113,800 ($112,000 + $1,800)
(Being cash is received)
On the books of Blue star
Accounts payable A/c Dr $113,800 ($112,000 + $1,800)
To Merchandise inventory A/c $2,240 ($11,2000 x 2%)
To Cash A/c $111,560
(Being cash is paid)
