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NEW QUESTION: 1
Under what circumstances should a company defer and amortize costs incurred in defending a patent against an infringement?
A. such costs should never be capitalized
B. only when the suit is successful
C. such costs should always be capitalized, regardless of the outcome of the suit
Answer: B
Explanation:
Costs defending a patent, trademark, etc., can only be capitalized if the suit is successful. If the suit is unsuccessful, there is no economic benefit and therefore, no asset.

NEW QUESTION: 2
A program is characterized as:
A. a project with a cost over $1 million.
B. a unique undertaking having a definite time period.
C. a grouping of similar projects having no definite end that supports the product(s) from cradle to grave.
D. a grouping or related tasks lasting one year or less.
E. None of the other alternatives apply .
Answer: C

NEW QUESTION: 3
All of the following are objectives of a quality audit______________
A. Root cause analysis has been performed as part of process analysis
B. Improvement opportunities are identified
C. Defect repairs have been implemented
D. Good practices can be introduced elsewhere
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The purpose of the quality audit is to determine if project activities comply with organizational policies, procedures, and processes. The quality audit has a number of objectives associated with it, but root cause analysis is part of process analysis to identify needed improvements in the process improvement plan.