Fill in the Blank

question 225

Multiple Choice

Fill in the blank. The __________ of two events A and B is the event that both A and B occur.

• A) intersection
• B) union
• C) complement
• D) Venn diagram

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Definitions:

Amortization Expense

The periodic expense recognized in the financial statements for the gradual write-off of the cost of intangible assets over their useful life.

Research and Development Costs

Expenses associated with the investigation and creation of new products or services, which can include salaries, materials, and overhead costs.

Trademark

A sign, term, or set of words officially recognized or established through legal registration or usage to symbolize a corporation or merchandise.

Advertising Costs

Expenses related to the promotion of products or services.