The four primary legal characteristics of a corporation are unlimited liability, limited life, free transferability of interests, and centralized management.
Answer the following statement true (T) or false (F)
False
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Development costs related to computer software that is to be sold, leased, or otherwise marketed should be accounted for in which of the following ways?
A) All software development costs should be recorded as R&D expense. B) All software development costs should be capitalized. C) All software development costs should be recorded as R&D expense until technological feasibility is established. D) All software development costs should be recorded in R&D expense until the product is available for general release to customers.
If the home country's government grants a subsidy on a domestically produced good, domestic producers tend to
a. capture the entire subsidy in the form of higher profits. b. increase their level of production. c. reduce wages paid to domestic workers. d. consider the subsidy as an increase in production cost.
A value stream map provides a ______ view of the process.
A. static B. dynamic C. irregular D. active
Leases for longer than ________ usually have to be in writing
A) six months B) one year C) eight months D) two months