Guidelines (Rules-Of-Thumb)are General Standards of Comparison Developed From

question 83

Multiple Choice

Guidelines (rules-of-thumb) are general standards of comparison developed from:

• A)Industry guidelines.
• B)Past experience.
• C)Analysis of competitors.
• D)Relations between financial items.
• E)Dun and Bradstreet.

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Definitions:

Research And Development

Activities undertaken by businesses or governments in innovation and introduction of new products or processes, involving substantial investment in experimentation and testing.