The use of an inside sales force has grown due to the surge in online, mobile, and social media technologies
Indicate whether the statement is true or false
TRUE
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Which of the following items would be charged to the cost of of the building:
a. Architectural fees. b. Cost of foundation. c. Capitalization of interest financing charges. d. All of the above
According to generally accepted accounting principles, the proper accounting treatment for the cost of a trademark that management feels will retain its value indefinitely is to
a. write the cost off immediately. b. amortize the cost over a reasonable life. c. amortize the cost over five years. d. carry the cost as an asset indefinitely.
The key objective in managing individual development projects, _______, is the time between the first instant someone could have started working on a development program and the instant the final product was available to the customer
a. development speed b. product cost c. product performance d. development program expense
Patents differ from copyrights in that, patents ________
A. are granted for an unlimited period of time B. give its owner the exclusive right to use or sell a particular product C. create perfect competition in the market D. give its owner the pecuniary right to performance