Dry-Labbing Occurs When the Forensic Analyst Doesn't Have a Plan

question 4

True/False

Dry-labbing occurs when the forensic analyst doesn't have a plan for conducting sufficient analysis, and instead uses every possible test for which the laboratory has resources.

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Definitions:

Discount Rate

The discount rate that is used to compute the present value of forthcoming cash flows.

Annual Payments

Recurring payments made once a year.

Compounded Monthly

Determining interest on a monthly schedule by including both the initial principal and previously earned interest in the calculation.

Mortgage

A loan secured by real property, typically a residential property, where the borrower is obliged to pay back with a predetermined set of payments.