An Example of a Web-Based Interactive Technology Would Be

question 49

Multiple Choice

An example of a web-based interactive technology would be:

• A) a blog
• B) a wiki site
• C) a social networking site
• D) All of the above
• E) none of the above

Distinguish between amortizable intangible assets and goodwill.

Understand the accounting treatments for research and development (R&D) and software development costs.

Recognize the conditions under which long-lived assets are considered impaired.

Comprehend the factors that affect the comparison of rate-of-return across companies due to GAAP for long-lived assets.

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Definitions:

Scientific Method

A systematic process for investigating phenomena and acquiring new knowledge through observation and experiment.

Evaluating Conclusions

The process of assessing the soundness, validity, or plausibility of the outcomes derived from research or reasoning.

Theory

A broad idea or set of closely related ideas that attempts to explain observations and to make predictions about future observations.

Observations

Observations involve the active acquisition of information from a primary source, using the senses as the primary data collection tools.