The Transaction Code

question 10

Multiple Choice

The transaction code:

• A)Is used to find the correct record in the master file.
• B)Indicates the type of update that is needed: adding a record,changing a record,or deleting a record.
• C)Is used to create the exception report.
• D)All of the above.

Understand the principles and methods of measuring the value of intangible assets.

Identify the costs that can be capitalized and those that should be expensed in relation to intangible assets.

Recognize the criteria for the recognition of intangible assets in financial statements.

Differentiate between research and development costs in accounting for intangible assets.

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Definitions:

Dividend Yields

A ratio illustrating the annual dividends a business dispenses relative to the price of its stocks.

Resistance Level

A price level above which it is supposedly difficult for a stock or stock index to rise.

Market Rise

An increase in the overall value of the stock market or a specific stock market index.