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Author Question: In what industry would it be expected that companies would spend a significant amount on research ... (Read 182 times)

SO00

  • Hero Member
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  • Posts: 568
on: Jul 6, 2018
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

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  • Posts: 324
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

a


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