Which of the following statements is true? a) to be more conservative in planning for an individual's retirement, decrease the individuals life expectancy. b) a sensitivity analysis the advisor determine the single most effective factor in a retirement plan. c) a monte carlo analysis uses a random number generator to provide the advisor with an array of possible outcomes utilizing the same fact patter. d) the capital preservation model assumes that at retirement the client will have exactly the same account balance as he did at his ideal working age.

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i. e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000