Capitalized costs incurred to develop internal use computer software should be amortized using the:
a. percent-of-revenue approach.
b. percent-of-completion approach.
c. straight-line approach.
d. accelerated amortization approach
Answer: c. straight-line approach.
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Doris and Arnold receive $450 per month under a joint and one-half survivor life insurance option. What would happen if Arnold were to die first after the payments have started?
A) Doris would have to select another settlement option. B) Monthly payments of $225 would be made to Doris as long as she lived. C) Doris would receive $450 per month as long as she lived. D) The remaining proceeds would be paid to Doris in a lump sum."
Eric was at work when Ann, his wife, called to confirm their dinner plans with their friends, the Millers. Eric responded by saying that he would not be able to make it and that Ann should take Derek, their son, along with her
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