The Accounting of Sales and Costs of Many New Technology

Multiple Choice

The accounting of sales and costs of many new technology products has resulted in many ethical and legal controversies.Often,the shelf life of a new product is difficult to assess and,therefore,how to allocate sales and costs is debatable.A court decision provides guidelines to address these issues.The court decision is an example of:

A) UCC codification.
B) administrative law.
C) common law.
D) statutory law.
E) all of these.