Indicate some possible uses of a reliable model

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1. All firms are required to expense R&D costs incurred each period. Some firms spend very large sums on R&D, while others spend little or nothing on this area. Why is it important to observe whether a firm has substantial or immaterial R&D expenses?

2. Indicate some possible uses of a reliable model that can be used to forecast financial failure.

Reference no: EM131318070

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