Other postemployment benefits (OPEB) include benefits other than pensions, such as health care, life insurance, and long-term care.

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


True

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At the date of purchase, materials, equipment, facilities, and intangibles purchased from others that have alternative future uses in research and development should be

A) capitalized B) charged directly to retained earnings C) included in R&D expense immediately D) charged as a loss from continuing operations

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Which of the following is not considered a general expense?

a. utilities expense; b. rent expense; c. telephone expense; d. office supplies expense; e. sales salaries expense.

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Market indicators and market factors measure market demand.

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

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An economic system in which the interests of a variety of interest groups are considered in decision-making is referred to as:

a. shareholder economy b. best practice economy c. stakeholder economy d. socialist economy

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