The concept of a local optimum is affiliated with which of the following?

A) mixed integer programming
B) integer programming
C) linear programming
D) nonlinear programming
E) goal programming

D

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Which of the following individuals qualifies as a practitioner under Circular 230?

A. Certified public accountant. B. Enrolled actuary. C. Attorney. D. All of the answers are correct.

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Which of the following is a strength of payback period?

A) a disregard for cash flows after the payback period B) only an implicit consideration of the timing of cash flows C) merely a subjectively determined number D) a measure of risk exposure

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