Which of the following is NOT one of the eight basic consumer rights?
A) the right to be protected from unwanted marketing messages
B) the right to be informed about important product aspects
C) the right to be protected against products that are hazardous to health
D) the right to receive a fair settlement of just claims
E) the right to live and work in a healthy environment
A
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Which of the following costs incurred internally to create an intangible asset is generally expensed?
a. Research and development costs. b. Filing costs. c. Legal costs. d. All of the above.
Stories Company purchased equipment and these costs were incurred: Cash price $22,500 Sales taxes 1,800 Insurance during transit 320 Installation and testing 430 Total costs $25,050 Stories will record the acquisition cost of the equipment as
a. $22,500. b. $24,300. c. $24,620. d. $25,050.