1. What is the present value of an offer of P15,000 one year from now if the discount rate is 12% per year simple interest?
A. P12,453.07
B. P13,395.00
C. P13,393.00
D. P14,329.25
2. What is the present value of an offer of P25,000 one year from now if the
discount rate is 12% per year simple interest?
A. P21,565.00
B. P25,979.00
C. P22,321.43
D. P22.301.00
3. What is the future value of P10,000 at annual interest rate of 12% per year for two
years?
A. P12,544.00
B. P11,534.00
C. P13,654.00
D. P12,043.00
4. What is the future value of P10,000 at annual interest rate of 6% per year for 10
years?
A. P17,909.00
B. P17,709.00
C. P16,990.00
D. P19,005.00
5. The future value of an investment of PHP250,000 yielding an interest of 8%for a 5-
year period compounded annually is
A. P365,975.00
B. P367,332.02
C. P375,000.00
D. P390,345.00

Jing-sheng facilitated a hiring committee for his advertising company. six employees (including two managers) met together to discuss applicants and select the finalists for a copywriter position in the public relations department. although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. in setting up this type of hiring process, the head of public relations was utilizing a(n) style of leadership.a. autocraticb. free-reinc. contingentd. participative

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

4. the condition requires that only one of the selected criteria be true for a record to be displayed.