Which of the following is not one of the three phases which is needed when changing an accounting system, either in its entirety or in part?

The reversion of real estate to the state because of the lack of heirs or other persons legally entitled to own the property is called

A) eminent domain. B) escheat. C) attachment. D) estoppel.

If you want to value a firm that consistently pays out its earnings as dividends, the simplest model for you to use is the ________

A) enterprise value model B) method of comparables C) dividend-discount model D) discounted free cash flow model