Which two information system auditing technologies are very similar?
A) Snapshot and extended records
B) ITF and ACL
C) Snapshot and ACL
D) Extended records and ITF
Answer: A
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Nic is a great basketball player with a long professional career in front of him. He plays for a European professional team that has made him a very interesting offer
If he will take a "below market" salary beginning one year from today, they will guarantee a 5% annual raise forever - even after he stops playing ball. If the offer is for a $5,000,000 salary to be received one year from today with subsequent payments as described, what is the present value of the contract offer if the cash flows should be discounted at a rate of 12%? A) $71,428,571 B) $75,000,000 C) $41,666,667 D) $43,750,000