Phone contacts, focus groups, and survey results are referred to as ________ data

Operating losses incurred during the start-up years of a new business should be

a. accounted for and reported like the operating losses of any other business. b. written off directly against retained earnings. c. capitalized as a deferred charge and amortized over five years. d. capitalized as an intangible asset and amortized over a period not to exceed 20 years.

Which of the following is not a factor that has caused the decline in defined benefit plans in the U.S.?

A) Increasing mobility of the workforce B) Global competition causing employers to reduce expenses C) Reduced employer liability for pension plan results under a defined benefit plan D) Employee, and not the employer, bears the investment risk of a defined contribution plan