Which of the following is the correct accounting treatment for a patent?

A) A patent must be shown as a current asset on the balance sheet.
B) A patent must be depreciated or impaired, but not amortized.
C) A patent must be capitalized and amortized over 20 years or less.
D) A patent must be expensed, not capitalized, in the period in which it is purchased.


C) A patent must be capitalized and amortized over 20 years or less.

Business

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Telephone, mail, personal and electronic interviewing are forms of interviewing in the data collection stage of the research process

Indicate whether the statement is true or false

Business

Which of the following is true with regard to strategic planning?

A) At the corporate level, the company starts the strategic planning process by determining what portfolio of businesses and products is best for the company. B) A strategic plan deals with a company's short-term goals. C) The focus of strategic planning is to define a game plan for long-run survival and growth. D) The strategic plan is a statement of an organization's purpose. E) Strategic planning involves identifying segments of consumers with identical preferences.

Business

(Every one, Everyone) of the candidates has been allotted time to (set, sit) with the panel members to discuss the issues

What will be an ideal response?

Business

When conducting a survey about choosing vacation destinations, Hillary will need to ________ in order to get reluctant respondents to provide honest information.

A. ask unstructured questions B. assure consumers that their individual responses will be kept confidential C. choose only highly verbal consumers D. use only focus group interviews E. create an efficient data warehouse

Business