In what industry would it be expected that companies would spend ...

[SO00]

In what industry would it be expected that companies would spend a significant amount on research and development activities?
 
  a. Pharmaceutical.
  b. Clothes retailer.
  c. Groceries.
  d. Wholesale distributor of computer parts.

Question 2

The _______________ requires that revenue is recorded when earned and expenses are recorded when incurred.
 a. accrual basis of accounting
   b. cash basis of accounting
   c. hybrid basis of accounting
   d. GAAP basis of accounting

[nothere]

Answer to Question 1

c

Answer to Question 2

a