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NEW QUESTION: 1
A company is appraising two projects. Both projects are for five years. Details of the two projects are as follows.

Based on the above information, which of the following statements is correct?
A. A perpetuity could be used to calculate the net present value of the projects.
B. An annuity could be used to calculate the net present value of the projects.
C. The annuity factor for project A would double the annuity factor for project B.
D. The annuity factor for project A would be lower than the annuity factor for the project B.
Answer: B

NEW QUESTION: 2
Based on the following complex survivorship rule:
SIZEOF(b.FirstName) < SIZEOF(c.FirstName)
Which statement is correct?
A. The length of the first name of the current record will be less than the length of the first name of the best record.
B. The length of the first name of the best record will always be greater than the length of of the street name of the current record.
C. The length of the first name with the longest name will be the one selected.
D. The length of the first name with the shortest name will be the one selected.
Answer: C

NEW QUESTION: 3
A validation check used to determine if a quantity ordered field contains only numbers is an example of a(n):
A. Processing control.
B. Input control.
C. Data security control.
D. Audit trail control.
Answer: B
Explanation:
A validation check at data entry verifying that a quantity field contains only numbers is an example of a programmatic means of ensuring the accuracy of an input value. Thus, it is an input control.