All of the following are typically costs that fail the future benefits test of long-lived operating assets except:
a. costs related to research and development
b. costs related to marketing
c. costs related to brand-building activities
d. costs of equipment used in production
D
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Psychological capital is an emerging area of study that shows personal characteristics are ______.
A. trait-like B. open to change C. unchanging D. within the negative psychology movement
The traditional income statement focuses on:
A) cost function. B) cost behavior. C) contribution margin. D) variable costing.
The central selling point in a sales message:?
A) ?appears only in the middle of the sales message. B) ?is always the price of a product. C) ?appears throughout the message as a common thread. D) ?is always a point of difference between products.
On the first day of January, Harris, Inc. borrowed $2,000 on a one-year note payable bearing interest at 7% per year. The note specifies that principal and interest must be paid in full at the end of the one-year period. On June 30, the adjusted trial balance will show Interest Payable of ________.
A) $70 credit B) $70 debit C) $140 credit D) $140 debit