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Which of the following is not considered an asset for a family?
U.S. GAAP
United States Generally Accepted Accounting Principles, the set of accounting standards and procedures used in the U.S. for preparing financial statements.
Research and Development
Activities undertaken by a company to innovate and introduce new products or services, or to improve existing ones, often involving considerable investment and risk.
R&D Expenditures
Costs incurred in the research and development of new products or services, aiming to improve or innovate offerings.
Investors
individuals or institutions that allocate capital with the expectation of receiving financial returns, often by purchasing stocks, bonds, or other investment vehicles.
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