Which of the following is NOT a general type of CASE tools?

Stroud Corporation is an 80%-owned subsidiary of Pennie, Inc, acquired by Pennie several years ago. On January 1, 2017, Pennie sold land with a book value of $60,000 to Stroud for $90,000

Stroud resold the land to an unrelated party for $100,000 on September 26, 2018 . The gain from sale of land that will appear in the consolidated income statements for 2017 and 2018, respectively, is ____. a. $0 and $10,000 b. $0 and $40,000 c. $30,000 and $10,000 d. $30,000 and $40,000

Static budgets are prepared on quarterly basis and require frequent change during the annual budget period

Indicate whether the statement is true or false