leigh is a private accountant who passed a rigorous examination by the Institute of Management Accountants. After passing this examination, Carleigh is a A) noncertified management accountant B) certified public accountant. C) certified management accountant. D) forensic accountant. E) certified private accountant 46) 47) Courtney wants to buy her first house. She has done online research and determined that 47) most houses that have the features she wants cost around $400,000. She hires a real estate agent who helps her find and buy a house for $395,000. Which of the following functions of money does this scenario best describe? A) measure of value B) store of value C) counterfeit deterrent D) means of savings E) medium of exchange 48) 48) When Dave's Appliances struggles financially, Dave decides to sell his accounts receivable to a financial company, known as a factor, which pays him $60,000 for receivables with a total face value of S100,000. Which of the following best describes how the financial company can make a profit off these accounts receivable? A) The factor profits if it can produce the same products the company did at a lower cost. B) The factor profits only if new accounts receivable are acquired. C) The factor only profits if the customers don't know that a factor has bought their receivables. D) The factor only profits if it can secure more sales from these customers. E) The factor profits if it can collect more than what it paid for the accounts. 49) Which of the following equations is used to calculate return on equity? 49) A) return on equity net income/total assets B) return on equity net income/sales C) return on equity revenue-expenses D) return on equity net income/owners' equity E) return on equity assets+liabilities