When consumers fill out warranty cards or register their boats, automobiles, or software programs, this information is stored in the form of secondary data

Indicate whether the statement is true or false

TRUE

Business

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The costs of organizing a corporation include legal fees, fees paid to the state of incorporation, fees paid to promoters, and the costs of meetings for organizing the promoters. These costs are said to benefit the corporation for the entity's entire life. These costs should be

a. capitalized and never amortized. b. capitalized and amortized over 40 years. c. capitalized and amortized over 5 years. d. expensed as incurred.

Business

___________ are a form of intangible collateral and are defined as unsecured obligations owed to the person for goods supplied or services rendered

A. Chattel paper B. Fixtures C. Accounts receivable D. Deposit accounts

Business