Under US GAAP and IFRS, research and development costs are:
I. Research costs are expensed as incurred.
II. Development costs are expensed as incurred.
III. Research costs are capitalized and amortized over time.
IV. Development costs are capitalized and amortized over time.
A) GAAP I and II; IFRS II and III
B) GAAP I and IV; IFRS III and IV
C) GAAP I and II; IFRS I and IV
D) GAAP II and III; IFRS II and III
C) GAAP I and II; IFRS I and IV
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Saad has been a manager at Revel Consulting for the past five years. As the business has grown, Saad has taken on more and more responsibilities and is now at the point where he is working on over 10 projects every quarter. Saad has asked his supervisor, Vance, to hire two assistant managers to aid in completing the projects, but Vance doesn’t agree that extra help is necessary at this point. Vance appears to be stuck at which step of the motivational process?
a. need b. motive c. satisfaction or dissatisfaction d. feedback
Which of the following is NOT one of the main reasons for companies to maintain an SPM database?
a. to analyze and compare the performance of suppliers b. to select and reward suppliers who perform well c. to eliminate suppliers with poor performance records d. to eliminate long-term performing suppliers
The book value per share of common stock is the amount per share of common stock that would be received if all of a firm's assets were sold for their accounting value and the proceeds remaining were divided among common stockholders
Indicate whether the statement is true or false
A participant has an adjusted basis of zero in any nondeductible contributions to a traditional IRA.
Answer the following statement true (T) or false (F)