Research and development costs should be presented as intangible assets

a. True
b. False
Indicate whether the statement is true or false


False

Business

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The following estimated regression equation was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female). ?  = 30 + .7x1 + 3x2? ? Also provided are SST = 1200 and SSE = 384. The yearly income (in $) expected of a 24-year-old male individual is

A. $16,800. B. $13,800. C. $46,800. D. $49,800.

Business

Which of the following statements is incorrect?

A. Accrued expenses and accrued revenues involve assets and liabilities that had not previously been recorded. B. Adjusting entries affect only balance sheet accounts. C. Adjusting entries can be used to record both accrued expenses and accrued revenues. D. Prepaid expenses, depreciation, and unearned revenues often require adjusting entries to record the effects of the passage of time. E. Adjustments to prepaid expenses and unearned revenues involve previously recorded assets and liabilities.

Business

On the Internet, form interaction is the standard method of gathering and displaying information

Indicate whether the statement is true or false

Business

What is knowledge management? What types of knowledge might a company such as a taxi service have, and could a taxi service benefit from knowledge management?

What will be an ideal response?

Business