You will need to use persuasion if you anticipate resistance

Additions and improvements

a. occur frequently during the ownership of a plant asset. b. normally involve immaterial expenditures. c. increase the company's investment in productive facilities. d. typically only benefit the current accounting period.

Which of the following is true about planned economies?

a) in a planned economy, entrepreneurs have economic incentives that encourage innovation b) in a planned economy, market regulations reduce the risk of economic stagnation c) in a planned economy, individuals benefit from innovation than the state does d) in a planned economy, the state owns all means of production