Julian was given a gold coin originally purchased for $1 by his great-grandfather 50 years ago. Today the coin is worth $450. The rate of return realized on the sale of this coin is approximately equal to ________
A) 7.5%
B) 13%
C) 9%
D) 18%
B
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Audit evidence concerning proper segregation of duties ordinarily is best obtained by:
A. preparation of a flowchart of duties performed by available personnel. B. direct personal observation of the employees who apply the control activities. C. inquiring whether control activities operated consistently throughout the period. D. reviewing job descriptions prepared by the Personnel Department.
Which of the three service department allocation methods should be used for decision making? Explain your reasoning.
What will be an ideal response?
During the assessment and evaluation activity of the change management process, the potential impact and risk of the change, as well as the proposed benefits of the change are assessed, and the request for change is either approved or not approved.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
All accounting measurements are of either the assessment or the prediction variety.