Conditional rights should be reported separately from unconditional rights (receivables) on the balance sheet.

____ are those costs that an organization can easily measure in dollars.

a. Intangible costs b. Direct costs c. Tangible costs d. Indirect costs

Parris Laboratories has ordered production materials and equipment needed to make its new slow-release chlorine emulsion for swimming pools in its Rossville plant. Which stage of new-product development is Parris Laboratories entering?

a. diffusion analysis b. commercialization c. product prototyping d. business analysis