An appraiser would most likely rely on the cost approach one appraising a

Gary Judd is an individual proprietor trading as Lake Stores, an accrual basis enterprise that had been using the allowance method for determining bad debt expense for both book and tax purposes. At December 31, 2015, Lake's allowance for doubtful accounts ("bad debt reserve") was $20,000. In Lake's 2016 budget, it was estimated that $3,000 of trade accounts receivable would become worthless in 2016. However, actual bad debts amounted to $4,000 in 2016. In Lake's 2016 Schedule C of Form 1040, Lake is allowed

a) No deduction for bad debts since these bad debts should be charged against the "reserve." b) A $4,000 deduction for bad debts and does not have to include any portion of the "reserve" in taxable income. c) A $1,000 deduction for bad debts, which is the excess of actual bad debts over the amount estimated. d) A $4,000 deduction for bad debts but must also include $5,000 of the "reserve" in taxable income.

Which of the following staffing policies seeks the best people for key jobs throughout the organization, regardless of nationality?

A. Global B. Ethnocentric C. Geocentric D. Polycentric E. Transnational