The Assumption That a Company Will Not Be Sold or Liquidated

question 23

Multiple Choice

The assumption that a company will not be sold or liquidated in the near future is known as the

• A) economic entity assumption.
• B) monetary unit assumption.
• C) periodicity assumption.
• D) None of these answer choices are correct.

Grasp the importance of ensuring data quality through various data checks (alphabetic, numeric, completeness, consistency, range) in database systems.

Recognize the utility of providing decision-makers with timely and accurate information through specific types of information systems.

Understand the concepts of real-time and batch processing and their respective advantages for different business needs.

Know the significance of primary keys in ensuring data uniqueness and integrity within a database.

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Definitions:

Individualists

People who prioritize personal independence and self-reliance over conformity to group norms.

Present

The current moment or period in time, as opposed to the past or future.

Near Future

A term referring to the time period that is just ahead, often used in the context of anticipated events or trends.

Participatives

A leadership or organizational style that emphasizes involvement and participation of all members in decision-making processes.