Which of the Following Is Not an Estimate Required in the Finance

question 57

Multiple Choice

Which of the following is not an estimate required in the finance and investment cycle?

• A)Actuarial assumptions for pension accruals
• B)Residual values for leases
• C)Stated market value of publicly traded stocks
• D)All the above are estimates.

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Definitions:

Nonvolatile Storage

Permanent storage, as in read-only memory (ROM).

RAM Memory

Volatile computer memory where data can be read and written, used for storing the operating system, application programs, and data in current use.

Read/Write Head

A component of a disk drive, such as a hard drive, that reads data from and writes data to the disk.

Mechanical Hard Disk

A data storage device that uses mechanical platters and a moving read/write head to access data.