The Amortization Period in 2014 for $58,000 of Startup Expenses

question 11

True/False

The amortization period in 2014 for $58,000 of startup expenses is 180 months.

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Definitions:

Customer Departmentalization

The arrangement of jobs around the needs of various types of customers.

Sales Account

A record or agreement defining the relationship and transactions between a buyer and a seller, often including terms of sale, credit limits, and purchase history.