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Which of the following is CORRECT regarding valley glaciers?
Natural Resources
Physical or material resources occurring in nature that can be used for economic gain, such as water, timber, coal, oil, and minerals.
GAAP
Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting.
Research and Development
Activities undertaken by a business to develop new products or improve existing ones, often involving innovation and technological advancement.
Capitalized
The process of recording an expenditure as an asset, rather than an expense, allowing a company to spread out the cost over time.
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