Periodic alterations to existing products are an example of research and development costs.

A specialized field of accounting that uses estimated data to aid management in running day-to-day operations and in planning uture operations is called ________ accounting

Fill in the blank(s) with the appropriate word(s).

Which of the following insurance policies will protect against defects that only an inspection would reveal, such as encroachments or adverse possession?

A. Hazard Insurance B. Lender's policy of title insurance C. Homeowner's coverage policy of title insurance D. Both B and C