The Accounting of Sales and Costs of Many New Technology

question 87

Multiple Choice

The accounting of sales and costs of many new technology products has resulted in many ethical and legal controversies.Often,the shelf life of a new product is difficult to assess and,therefore,how to allocate sales and costs is debatable.A court decision provides guidelines to address these issues.The court decision is an example of:

• A) UCC codification.
• B) administrative law.
• C) common law.
• D) statutory law.
• E) all of these.

---

Definitions:

Mainstream Media

Traditional forms of mass communication, such as newspapers, television, and radio, that reach a large audience and have significant influence on public opinion and culture.

Stereotyped Ways

Fixed, generalized beliefs and attitudes about specific groups, often based on oversimplified assumptions.

Violence

Physical force exerted for the purpose of causing damage or injury to people or property.

Simplified Ways

Simplified Ways imply approaches or methods that break down complex information or tasks into more understandable and manageable forms.