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Neko [114]
3 years ago
10

Research and development costs should be: A. Expensed in the period incurred. B. Expensed in the period they are determined to b

e unsuccessful. C. Deferred pending determination of success. D. Expensed if unsuccessful, capitalized if successful.
Business
1 answer:
Vladimir79 [104]3 years ago
6 0

Answer:

The correct answer is letter "A": Expensed in the period incurred.

Explanation:

Research and Development (R&D) costs are spent on the development of new products that could or could not end up being commercially offered. These kinds of costs are usually expensed at the same time they are incurred. According to the U.S. Statement of Financial Accounting Standards, the R&D costs cannot be capitalized.

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The key elements of a business plan can include _____.
Ulleksa [173]

Answer:

Executive summary

Explanation:

It provides information about the business's purpose.

8 0
4 years ago
Suppose that GDP is $50 million in 2015 but falls to $48 million in 2016, and that no changes in personal consumption expenditur
Minchanka [31]

<u>Solution and Explanation:</u>

GDP is calculated as follows:

Y = C + G + I + NX

where

C = Consumption

G = Government Expenditure

I = Investment

NX = Net Exports

It is mentioned that in 2015, GDP was 50 million and in 2016, it was 48 million without any change in the factors except NX. It means the net exports that is the difference between export and the import of the country has changed and it has fallen by 2 million.

8 0
3 years ago
What did the nixon administration do to help close the economic gap between blacks and whites answers?
Zigmanuir [339]
<span>What did the Nixon administration do to help close the economic gap between blacks and whites? Nixon's administration developed the civil rights law concerning blacks and whites to end discrimination and racial activity within the United States. Civil rights laws were developed to guarantee rights and equal treatments between different types of individuals. No discrimination allowed. </span>
7 0
3 years ago
Read 2 more answers
Which section of the business plan contains information about the financial history of the company? A. Financial Analysis B. Fun
Romashka [77]
I believe it is A if not then B hope this helps
6 0
3 years ago
Read 2 more answers
Helen worked for ABC Motors for 25 years. The president of ABC said to her: "In consideration of your past service for 25 years,
anastassius [24]

Answer:

No, legal consideration is absent

Explanation:

According to the given situation, the President of ABC company was promised to Helen to give a new car next week as Helen worked for 25 years. But the president did not give the car as he promised to the Helen.

In this case, there was a promise which was verbal, not in the way of legal consideration, which means there is no proof so that Helen can claim from the president.

Therefore the correct answer is No, legal consideration is absent

8 0
3 years ago
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