Research and Experimentation Expenditures Connected with a Trade or Business

question 72

Multiple Choice

Research and experimentation expenditures connected with a trade or business can be capitalized and amortized for tax purposes over a period of not less than:

• A) 30 months
• B) 60 months
• C) 90 months
• D) 120 months

---

Definitions:

Sasanians

An ancient Iranian empire that existed from 224 to 651 CE, known for its cultural achievements and conflicts with the Roman and later Byzantine Empires.

Parthians

An ancient Iranian civilization and empire known for its advanced military tactics and conflicts with the Roman Empire.

Standard of Ur

An ancient Sumerian artifact dating around 2600 BCE, known for its detailed, inlaid panels made from shell and lapis lazuli, depicting scenes of war and peace.

Gilgamesh

A central figure in ancient Mesopotamian mythology, hero of the Epic of Gilgamesh, one of the earliest surviving works of literature.