If an Election Is Made to Defer Deduction of Research

question 42

True/False

If an election is made to defer deduction of research expenditures, the amortization period is based on the expected life of the research project if less than 60 months.

---

Definitions:

Résumé

a brief document summarizing an individual's education, work history, and other qualifications for a prospective employer.

Self-Inventory

A process of self-assessment to evaluate one's skills, attributes, and professional interests.

Engineering Project Manager

A professional responsible for planning, coordinating, and overseeing engineering projects to ensure they are completed within scope and budget.

NASDAQ

An American stock exchange known for its high concentration of technology and internet-based companies; also an electronic marketplace for buying and selling securities.