The Cost of a Patent Should Be Amortized Over

question 34

Multiple Choice

The cost of a patent should be amortized over:

• A) the lesser of 20 years or its economic useful life
• B) the greater of 20 years or its economic useful life
• C) the greater of 40 years or its economic useful life
• D) the lesser of 40 years or its economic useful life

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Definitions:

Performance

The act of carrying out or accomplishing an action, task, or function.

Organizational Citizenship Behaviour

Voluntary behaviors by employees that contribute to the overall effectiveness and environment of the organization.

Geert Hofstede

A Dutch social psychologist known for his research on cross-cultural groups and organizations, particularly for developing the cultural dimensions theory.

Organizational Citizenship Behaviour

Voluntary actions performed by employees that contribute to the overall positive atmosphere and function of the organization, beyond their job requirements.