Ultimate access to all questions.
Upgrade Now 🚀
Sign in to unlock AI tutor
An electric vehicle manufacturer invests in new technology to comply with updated safety regulations. This investment is most accurately classified as a(n):
A
Expansion project, aimed at increasing business operations through new products or acquisitions.
B
Compliance project, mandated by regulatory bodies to meet safety and compliance standards.
C
Going concern project, necessary to sustain current business operations and scale.