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Simple Life Inc

question 12

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Simple Life Inc.has developed a special helmet.When customers wear this helmet they can control their television sets with their eye movements.The helmet designed by Simple Life Inc.is an example of a(n) _____.


Definitions:

Indefinite Time

Indefinite Time indicates a period without a specified end date.

Research Costs

Expenditures related to activities undertaken to gain new knowledge or understanding to develop new products, processes, or services; often a significant part of a company's innovation efforts.

Capitalized

In accounting, this term refers to recording an expense or cost as a capital asset on a balance sheet, rather than as an expense on the income statement.

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