In accounting for research and experimental expenditures incurred in 2018, all of the following alternatives are available with the exception of
A) expense R&E costs in the year paid or incurred.
B) expense R&E costs in the year in which a product or process becomes marketable.
C) defer and amortize R&E costs as a ratable deduction over a period of 60 months or more.
D) capitalize and write off R&E costs only when the research project is abandoned or is worthless.
B) expense R&E costs in the year in which a product or process becomes marketable.
In the year paid or incurred, the expenditures may be expensed, capitalized and amortized over 60 months, or capitalized.
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Recessions and financial crises have led to layoffs, reduced wages, unemployment, bankruptcy, and labor shortages. These are examples of which challenge/opportunity for organizations?
A. innovation and change B. sustainability C. economic factors D. customer service
Total quality management (TQM) is a system that acquires inventory and produces only when needed.
Answer the following statement true (T) or false (F)
The local health-food store knows that many people might be interested in its products but has decided to aim all of its marketing activities at females under the age of 35. This store is utilizing the:
a. total market approach b. marketing concept c. multisegment approach d. market niche approach e. concentration approach
. Which of the following firms would likely pose the least competitive threat?
A. a firm in the same industry and in the same strategic group B. a firm in the same industry and in the nearest strategic group looking to join your group C. a competitor to your product where a high switching cost exists D. a firm that produces substitute goods to your product line