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:

Representative Sample

A subset of a population that accurately reflects the members of the entire population, used in statistical analysis or research studies.

Sampling Frame

A list or database from which a sample is drawn for a study, representing the entire population of interest.

Reliability

Reliability is the degree to which a measurement procedure yields consistent results.

Variable

A concept that can take on more than one value.