For the Following Questions, Select the Letter of the Answer

question 7

Multiple Choice

For the following questions, select the letter of the answer that arranges each set of sentences in logical time order. The first sentence is the topic sentence in each set. Creating a blog, or personal online journal, is relatively easy.
____ Once your blog is created, post new material every day, but wait until you have posted a month's worth of entries before you begin telling people about it.
____ First of all, choose the type of blog you want to create by picking a focus, such as one of your areas of expertise or some type of current event that fascinates you.
____ After selecting a topic on which to focus, go to a simple blog creation site, such as Blogger.com, and follow the directions there to create your blog.
____ When you have a month's worth of postings, tell your friends to visit your site and begin leaving links to your blog at other blogs you enjoy reading.

• A) 1, 4, 3, 2
• B) 2, 3, 4, 1
• C) 3, 1, 2, 4

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Definitions:

Development Costs

Expenditures associated with the research and development of a company's products or services, which might be capitalized or expensed depending on the nature of the project and accounting standards.

Intangible Assets

Assets that do not have physical substance but are identifiable and provide future economic benefits, such as patents, trademarks, and copyrights.

Physical Substance

This refers to the tangible nature of an asset, meaning it can be seen, touched, or physically measured.

Acquisition Cost

The total cost associated with acquiring an asset, including purchase price, installation fees, and other expenses necessary to prepare the asset for its intended use.