Michael and Sandy purchased a home for $100,000 5 years ago. If its value appreciated at 6% annually, what is it worth today? (Round the answer to the nearest dollar.)
A. $100,000
B. $106,000
C. $130,000
D. $133,823
E. $135,603
Answer: D
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Which of the following is not true regarding accounting estimates?
a. Accounting estimates are based on management's knowledge and experience of past and current events. b. Accounting estimates are based on management's assumptions about conditions that are expected to exist and courses of action the company expects to take. c. Accounting estimates are based on both subjective and objective factors d. Because accounting estimates are based, in part, on management's knowledge and experience, they are not biased.
In the context of the Vroom-Yetton-Jago normative decision model, the term _____ means that a manager makes the decision alone and either announces it or "sells" it to the group.?
a. ?decide b. facilitate? c. consult? d. delegate?
Recently, major proactive fraud detection developments have occurred and include all of the following except:
a. installing hotlines or whistleblower systems. b. mining various databases looking for unusual trends or relationships. c. developing and maintaining an effective policy for handling fraud. d. All of the choices are recent major proactive fraud detection developments.
There are ______ basic service system structures based on the number of channels and phases.
a. three b. four c. five d. six