The official European Union abbreviation for the Euro is ___________.

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

Ans: EUR

Business

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Costs incurred internally to create intangibles are

a. capitalized. b. capitalized if they have an indefinite life. c. expensed as incurred. d. expensed only if they have a limited life.

Business

The sole proprietorship form of business organization

A. must have at least two owners in most states. B. generally receives favorable tax treatment relative to a corporation. C. combines the records of the business with the personal records of the owner. D. is classified as a separate legal entity.

Business