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Glass 4 Windows Is Involved in a Research and Development  Research $235000 Development costs $350000\begin{array} { | l | l | } \hline \text { Research } & \$ 235000 \\\hline \text { Development costs } & \$ 350000 \\\hline\end{array}

question 35

Multiple Choice

Glass 4 Windows is involved in a research and development project to create a filtering window that removes the need for curtains.For the current year ended 30 June 2011 expenditure on the project is as follows:  Research $235000 Development costs $350000\begin{array} { | l | l | } \hline \text { Research } & \$ 235000 \\\hline \text { Development costs } & \$ 350000 \\\hline\end{array} The window is expected to earn revenues of $70 000 per year for the 10 years commencing 1 July 2011.Assuming straight-line amortisation,how much of the research and development cost should be expensed this period and what amount should be amortised in the year ended 30 June 2014?

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Definitions:

Culturally-sensitive

Showing an understanding of and respect for the differences in cultures and customs, often critical in global business operations and communication.

Feedback

The information given to a person or group about their actions in order to adjust and improve future performance.

Noise

Any unwanted or disruptive sound, or in the context of communication, it refers to any interference that distorts the message being conveyed.

Decoding

The process of interpreting or understanding information that has been communicated.

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