One factor that is not considered in determining the useful life of an intangible asset is

a. salvage value.
b. provisions for renewal or extension.
c. legal life.
d. expected actions of competitors.

Answer: a. salvage value.

Business

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Actual authority includes both expressed authority and implied authority

Indicate whether the statement is true or false

Business

Pho Bulous, a Vietnamese restaurant in the bustling metropolis of Edmond, has had great success using forecasting techniques to predict demand for their main menu items ever since they opened their doors

Their forecast for last month was grossly inaccurate and so far this month, their forecast appears to be just as bad as last month's. It's already time to prepare the forecast for next month, what should they do about their model?

Business