Which, If Any, of the Following Costs Cannot Be Expensed

question 42

Multiple Choice

Which, if any, of the following costs cannot be expensed or amortized as organizational expenses?

• A)Cost of issuing or selling stock certificates.
• B)Cost of organizational meetings of the board of directors.
• C)Fee paid to the state for incorporating.
• D)Legal fees incurred for preparing the corporate charter and by-laws.

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Definitions:

Deviant Behavior

Deviant behavior involves actions that deviate from the accepted norms, values, or standards of a society or community.

Goal-Means Gap

The disparity between culturally approved goals and the availability of legitimate means to achieve these goals, often cited in strain theory as a cause of deviance.

Ritualism

The adherence to or performance of rituals or ceremonial acts as part of a culture, religion, or group membership.

Status Frustration

A psychological condition resulting from an individual's inability to achieve his or her expected social status, leading to feelings of inadequacy and disappointment.