The following information pertains to Cole's personal residence, which sustained casualty fire damage in 2016: Adjusted basis-$150,000 Fair market value immediately before the fire-200,000 Fair market value immediately after the fire-180,000 Fire damage repairs paid for by Cole in 2016-10,000 The house was uninsured. Before consideration of any "floor" or other limitation on tax deductibility, the amount of this 2016 casualty loss was

Which of the following statements is false about the process of iteration?

a. The iterative process may uncover issues that were previously undiscovered. b. The iterative process must occur before integration. c. The iterative process may involve additional data collection. d. An important part of the iterative process is memoing. e. One should deliberately look for contradictory evidence during the iterative process.

The first step in the control cycle is:

A) Setting a goal. B) Measuring progress. C) Comparing actual with planned performance. D) Taking action.