GAAP require that research and development costs to develop a new product be
a. capitalized in the patents account.
b. expensed in the period incurred.
c. capitalized in the research and development costs account.
d. amortized over the expected economic life of the new product.
b
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What is the main disadvantage of having a longer run for the test market?
A) It costs more and gives competitors time to formulate a counterattack. B) It is difficult to gather information about customer attitudes as their responses to surveys may not be honest. C) Customers might lose interest in the product. D) The sales data gathered will not be useful for predicting actual sales.
Which of the following is recommended advice when writing an appreciation message?
a. Time the message to arrive two to three weeks following the action or event. b. Use slight overstatements to communicate your favorable attitude. c. Avoid specific remarks about the receiver's performance or achievement. d. Consider sending a copy of the appreciation message to the individual's supervisor.
Pressuring the union and employees to accept wage and work rule concessions is known as a ____________ strategy.
Fill in the blank(s) with the appropriate word(s).
Describe the similarities and differences between the Canadian labor relations system and the U.S. labor relations systems.
What will be an ideal response?