Alpha Communications purchased a broadcasting license from local government to operate a radio station in one of its counties. Which of the following costs is not included in the costs of the broadcasting license?
Alpha Communications purchased a broadcasting license from local government to operate a radio station in one of its counties. Which of the following costs is not included in the costs of the broadcasting license?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Alpha Communications purchased a broadcasting license from local government to operate a radio station in
one of its counties.
Q
Which of the following costs is not included in the costs of the broadcasting license?
Select the one incorrect, and then click Submit.
Lawyers' fees paid for the contractual work surrounding the license
The price paid to the government for the license
Advertisements and marketing costs to promote the new radio station
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