Posted January 15th, 2019 by Brent White & filed under Financial Accounting.
Description: A phone that folds. Lots of talk about 5G, for those who claim they need even more speed. An electric-powered Harley that connects to the cloud. Audio technology that attempts to simulate the concert experience. And, of course, lots and lots of those trendy virtual assistants. These are a few of the highlights of the annual Consumer Electronics Show in Las Vegas.
1) Do you or your classmates know anyone who has visited the CES in Las Vegas? What was the best memory?
2) If you were the controller of a company with representatives attending the CES, what account would you recommend for the travel expenses to be charged to?
3) What is the difference between research costs and development costs? Check out chapter nine of Wiley’s Financial Accounting: Tools for Business Decision-Making.