NSE5_FSM-5.2 Exam Questions and Answers

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When a fraud examiner is conducting an examination and is in the process of collecting. documents the fraud examiner should:
A. A Wait until all documents have been collected before establishing a database
B. Organize all the documents obtained in chronological order
C. Avoid touching original documents any more than necessary
D. Make copies of originals and leave the originals where they were found
Answer: A

An analyst uses a temporary supernormal growth model to value a common stock. The company paid a $2 dividend last year. The analyst expects dividends to grow at 15% each year for the next three years and then to resume a normal rate of 7% per year indefinitely. The analyst estimates that investors require a
12% return on the stock. The value of this common stock is closest to:
A. $71.
B. $48.
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