The amount of time taken by each of 10 students in a class to complete an exam is an example of what type of data?
?
A. Cannot be determined
B. Categorical data
C. Time series data
D. Quantitative data
Answer: D
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Suddenly Salad had the following expenditures related to developing its trademark.General advertising costs$300,000Advertising specifically focused on trademark development120,000Legal fees to register trademark52,000Registration and design fees for the trademark38,000Legal fees for successful defense of the new trademark 33,000Total$543,000During your year-end review of the accounts related to intangibles, you discover that the company has capitalized all the above as costs of the trademark. Management contends that all of the costs increase the value of the trademark; therefore, all the costs should be capitalized.1. Which of the above costs should the company capitalize to the Trademark account in the balance sheet?2. Which of the above costs should the company report as expense in
the income statement? What will be an ideal response?
Answer the following statements true (T) or false (F)
1. A characteristic of a project is that the goals evolve as the project progresses. 2. The lack of divided loyalties among team members is advantageous to the functional structure of a project. 3. Adherence to sustainability principles is one of the usual considerations in evaluating project success. 4. With regard to the project life cycle, as a project begins, the resources (man hours) needed for it are minimal but then increase sharply as the project moves further into development.
Under the cash basis of accounting, no adjustments are made for prepaid, unearned, and accrued items.
Answer the following statement true (T) or false (F)
The risk of being acquired by hostile raiders is often referred to as the takeover constraint.
Answer the following statement true (T) or false (F)