Provide an Appropriate Response

question 97

Multiple Choice

Provide an appropriate response.
-Use the growth rate of 0.7% to estimate the population of a growing country in 2072. Start from the 2000 population of 50 million. Use the approximate doubling time formula.

• A)93.3 million
• B)82.4 million
• C)102.0 million
• D)130.9 million

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Definitions:

Principles-Based

An approach to accounting and regulation that emphasizes general guidelines and values to govern behavior rather than precise rules.

Internal Control Standards

The policies and procedures implemented by a company to ensure the integrity of financial and operational information, promote accountability, and prevent fraud.

Sarbanes-Oxley

The Sarbanes-Oxley Act is a U.S. federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws, and to prevent corporate and accounting fraud.

U.S. Exchanges

Marketplaces in the United States where securities, options, and futures are traded.