Concept:
The modulus function can destroy differentiability at zeros of a function.
A polynomial is continuous everywhere, but \(|f(x)|\) may fail to be differentiable where \(f(x)=0\).
Step 1: Examine the assertion.
Given
\[
|f(x)|g(x).
\]
Since \(f(x)\) and \(g(x)\) are polynomials,
\[
|f(x)|g(x)
\]
is continuous everywhere.
However, differentiability at each zero \(\alpha_i\) is not guaranteed.
If \(f(x)\) changes sign at a simple root,
\[
|f(x)|
\]
develops a sharp corner at that point.
Therefore differentiability may fail.
Hence Assertion (A) is false.
Step 2: Examine the reason statement.
Consider
\[
\lim_{x\to a}
\frac{|x-a|}{x-a}.
\]
For \(x>a\),
\[
\frac{|x-a|}{x-a}=1.
\]
For \(x<a\),
\[
\frac{|x-a|}{x-a}=-1.
\]
Since LHL and RHL are different,
\[
\lim_{x\to a}
\frac{|x-a|}{x-a}
\]
does not exist.
Also,
\[
\lim_{x\to a}|x-a|=0.
\]
Thus Reason (R) is true.
Step 3: Choose the correct conclusion.
Assertion is false.
Reason is true.
Therefore,
\[
\boxed{\text{(A) is not correct, but (R) is correct}}.
\]