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investing in research development or innovation is harder to evaluate than cost-cutting projects because?
A. there is no difference in evaluation difficulty?
B. Cash flows are easier to estimate?
C. Cash flows are harder to estimate?
D. Management does not understand innovation?
If Halley industries reimburses employees who earn masters degrees and who agree to remain with the firm for an additional 3 years. should the expenses of the tuition reimbursement be categorized as capital expenditures or an operating expenditure
A. operating expenditure since the outlay of funds represents an expenses incurred in transacting normal business operations.
B. capital expenditure since the outlay of funds represents an expenses incurred in transacting normal business operations.
C. operating expenditure since the outlay of funds is expected to produce benefits over a period of time greater than 1 year
D. capital expenditure since outlay of funds is expected to produce benefits over a period of time greater than 1 year.
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