Which of the following statements about BPR is not true? a. Amazon is an example of BPR. b. BPR can lead to dramatic gains in productivity and efficiency. c. BPR can result in a paradigm shift. d. BPR is the easiest type of BPM to implement. e. BPR typically involves radical change.

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?