Which of the Following Research and Development Related Costs Should

question 60

Multiple Choice

Which of the following research and development related costs should be capitalized and amortized over current and future periods?

• A)Research and development general laboratory building which can be put to alternative uses in the future
• B)Inventory used for a specific research project
• C)Administrative salaries allocated to research and development
• D)Research findings purchased from another company to aid a particular research project currently in process

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Definitions:

White Yeoman Farmers

Independent and often self-sufficient farmers in the Southern United States who owned their own land and did not have enslaved people working for them.

Sharecroppers

Farmers who rent land for cultivation and pay a portion of their crops as rent, prevalent in the southern United States after the Civil War; typically involved exploitative agreements.

Plantation Owners

Individuals who owned large estates primarily in the Southern United States, where cash crops like cotton and tobacco were farmed by enslaved people.