Answer:
The GDP will grow above or will be greater the $200 billion amount during the 14th year from 2001 which will be 2015.
Explanation:
To calculate the GDP in a particular year after 2001, we know the equation will be,
GDP = 112 * (1+0.043)^t
Where,
If we want to calculate the year in which GDP will be greater than 200 billion, we need to substitute the GDP part in the equation with amount of say 200 billion.
200 = 112 * (1+0.043)^t
200 / 112 = (1.043)^t
1.785714286 = (1.043)^t
Taking log on both sides and dividing the equation for t.
log(1.785714286) / log(1.043) = t
t = 13.772 years rounded off to 14 years
So, the GDP will grow above or will be greater the $200 billion amount during the 14th year from 2001 which will be 2015.
Answer:
The correct answer is letter "A": none of the above.
Explanation:
The safe-harbor law is a regulation that helps defendants to be found not liable on certain situations under certain conditions where according to strict law they were to be responsible. Most of the time, in cases where the law is so unclear or unknown, defendants can be subject to the safe-harbor provision for their liabilities to be forgiven.
Answer:
Municipal bond fund
Explanation:
He should be most concerned about this fund because these investments are in the investors IRA, the investment aadviser should be immediately concerned about the municipal bond fund investment.
We have seen that this is a tax deferred account, so a tax free investment is not going to be suitable.
<u>Reason - Fraud prevention is more cost-effective than fraud detection or investigation:</u>
"Prevention is better than cure" - Prevention of fraud reduces the cost that the investigation or detection of fraud incurs losses.
The fraud preventive measures that can be taken by the company are as follows,
- Implementing detective controls
- Employing external and internal auditors (to issue independent checks based on the performance)
The managers and the employees of the business entity are the persons who likely detect the fraud. So, it is important that they are been educated regarding the prevention and monitoring of the fraud prevalence and fraud handling measures.