How are research and development costs reported in the financial statements? Why is this treatment required?


Research and development costs should be expensed immediately in the period incurred because of the uncertainty of predicting whether any future benefits will result and in determining which accounting period the benefits will impact.

Business

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An organization's practical capacity is its theoretical or ideal capacity reduced by normal and anticipated work stoppages, such as machine breakdowns

Indicate whether the statement is true or false

Business

Answer the following statements true (T) or false (F)

1.The word stress is derived from Latin word strictus. 2.There are four stages in the General Adaptation Syndrome. 3.The “fight-or-flight” response is the dominant behavioral response to stress among males. 4.Only women appear to have a broader repertoire of responses to stress, including affiliative, protective, and caretaking behaviors.

Business

The most complex and time-consuming type of plan is the _____________.

a. business brief b. pitch deck c. business plan d. feasbility study

Business

The tasks during the ______ phase of the CPFR include exception management and performance assessment.

a. analysis b. strategy and planning c. execution d. demand and supply management

Business