Which of the following best describes the approach prescribed in IAS 38, "Intangible Assets"?
a. Expense all research and development costs.
b. Capitalize all research and development costs.
c. Expense all research costs and capitalize all development costs.
d. Capitalize all research costs and expense all development costs.
C
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In the cosmetics industry, Unilever pursues differentiated global marketing strategies by targeting both ends of the perfume market
Indicate whether the statement is true or false
Polynesia Company manufactures sonars for fishing boats
Its Model 70 sells for $300. Polynesia produces and sells 5,700 of them per year. Cost data follow: Variable manufacturing $100 per unit Variable selling and administrative $17 per unit Fixed manufacturing $290,000 per year Fixed selling and administrative $150,000 per year Arthur Bailey, the sales manager, wants to offer a special sale to a new customer that outfits boats. He proposes a sale of 41 units at a special price of $148 per unit. Arthur believes that it will not affect the company's regular sales in the long run because it is a one-time transaction. The sale will require the normal variable costs, both selling and administrative costs and manufacturing costs, but will not impact the fixed costs. The president of the company has some reservations but finally agrees to make the deal if and only if it adds a minimum of $1,500 to operating income. Based on the president's criteria, Polynesia will not make the offer. Indicate whether the statement is true or false
The two different ways of assessing batch sizes developed by Eli Goldratt are ______.
a. process batch and product batch b. process batch and transfer batch c. transfer batch and product batch d. transfer batch and delivery batch
Roxanne, a minor, is living at home with her parents, but signs a lease with a landlord to rent an apartment. Roxanne can
A. disaffirm the lease because her parents can be held liable. B. disaffirm the lease without liability. C. not disaffirm the lease because an apartment is a "necessary." D. not disaffirm the lease because her parents could be liable.