The process of creating and developing product specification that optimize the function, value and appearance of a product is- a). Product design b). Market design c). Industrial design d). None of the above

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: The process of creating and developing product specifications that optimize the function, value and appearance of a product is Industrial design See: [ ]

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1.Which of the following statements is true concerning assets? Options They are recorded at cost and adjusted for inflation. They are recorded at market value for financial reporting because historical cost is arbitrary. Accounting principles require that companies report assets on the income statement. Assets are measured using the cost concept.

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Assets are measured using the cost concept is true concerning assets.

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