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NEW QUESTION: 1
A company bought a piece of land in 2012 for $200,000. In 2013, the piece of land temporarily reduced in value to $150,000 but then appreciated in value to $220,000. How would the company report this piece of land on its balance sheet for 2013?
A. $220,000
B. $150,000
C. $200,000
D. $185,000
Answer: C

NEW QUESTION: 2
Which property item do you use to display a description for an ID field?
NOTE: There are 3 correct answers to this question.
A. Presentation mode Description in Designer view
B. Identifier Description in Datamodel tab
C. Explanation property in Designer view
D. ThingType mode in data model tab
Answer: A,C

NEW QUESTION: 3
Which of the following is used throughout the entire C&A process?
A. DIACAP
B. SSAA
C. DAA
D. DITSCAP
Answer: B

NEW QUESTION: 4
Ashok is 30 years old and plans to retire after another 25 years, is His annual expenditure is Rs. 2,00,000/-, and wants to maintain the same living standard as of now. Expected inflation rate is 5%. Calculate what will be the Ashok's annual expenditure requirement at the beginning of first year of his retirement?
A. Rs. 6,55,235/-
B. Rs. 6,77,270/-
C. Rs. 5,72,281/-
D. Rs. 5,86,326/-
Answer: B