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NEW QUESTION: 1
Adam Corp. had the following infrequent transactions during 1989:
* A $190,000 gain on reacquisition and retirement of bonds. This material event is also considered unusual for Adam Corp.
* A $260,000 gain on the disposal of a component of a business. Adam continues similar operations at another location.
* A $90,000 loss on the abandonment of equipment.
In its 1989 income statement, what amount should Adam report as total infrequent net gains that are not considered extraordinary?
A. $100,000
B. $450,000
C. $360,000
D. $170,000
Answer: D

NEW QUESTION: 2
Projects that share common outcomes, collective capability, knowledge, or skills are often grouped into a:
A. portfolio
B. selection
C. sub portfolio
D. program
Answer: D

NEW QUESTION: 3
Examine the structure proposed for the transactions table:

Which two statements are true regarding the creation and storage of data in the above table structure?
A. The CUST_STATUS column would give an error.
B. The TRANS_VALIDITY column would give an error.
C. The TRANS_VALIDITY column would have a maximum size of one character.
D. The TRANS_DATE column would be able to store day, month, century, year, hour, minutes, seconds, and fractions of seconds
E. The CUST_CREDIT_LIMIT column would not be able to store decimal values.
F. The CUST_STATUS column would store exactly one character.
Answer: B,F
Explanation:
VARCHAR2(size)Variable-length character data (A maximum size must be specified: minimum size is 1; maximum size is 4, 000.)
CHAR [(size)] Fixed-length character data of length size bytes (Default and minimum size is 1; maximum size is 2, 000.)
NUMBER [(p, s)] Number having precision p and scale s (Precision is the total number of decimal digits and scale is the number of digits to the right of the decimal point; precision can range from 1 to 38, and scale can range from -84 to 127.)
DATE Date and time values to the nearest second between January 1, 4712 B.C., and December 31, 9999 A.D.