When a List of Customers or Subscribers Is Purchased,its Cost

question 191

Multiple Choice

When a list of customers or subscribers is purchased,its cost is

• A)immediately expensed.
• B)capitalized as an intangible asset.
• C)amortized over a maximum of 5 years.
• D)amortized as people on the list move away or pass on.

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Definitions:

Leadership Influence

The impact that leaders have on their followers' attitudes, behaviors, and performance, often determining the direction and success of an organization.

Entrepreneurial Processes

These are the various stages and activities involved in launching, developing, and sustaining a new business or venture.

Governance Structures

Frameworks and systems through which corporations are directed and controlled, including board composition and roles.

Organizational Formalization

The degree to which an organization uses rules, procedures, and structured communication to order its activities.