Which of the Following Costs Normally Is Expensed in the Year

question 66

Multiple Choice

Which of the following costs normally is expensed in the year incurred,regardless of the extent of future benefit?

• A)Technology
• B)Customer lists
• C)Research and development
• D)Leasehold improvements

---

Definitions:

Sympathetic Nervous System

The nerve fibers of the autonomic nervous system that quicken the heartbeat and produce other changes experienced as arousal and fear. One of the two major routes by which the brain and body produce arousal and fear.

Parasympathetic Nervous System

The nerve fibers of the autonomic nervous system that help return bodily processes to normal.

Cortisol System

The body's stress response system, governed by the adrenal cortex, releasing cortisol, a hormone involved in stress response and metabolism regulation.

Dissociative Amnesia

A disorder characterized by the inability to recall important personal information, usually of a traumatic or stressful nature, that cannot be explained by ordinary forgetfulness.