Examlex
What is CB2?
Technological Feasibility
The point at which a company determines that a new technology can be developed and made into a working product.
Software Development Costs
Expenses incurred in the research, development, design, and testing of software, which may be capitalized or expensed depending upon their nature and the accounting policies followed.
Long-lived Assets
Assets expected to provide economic benefits over a period longer than one year, such as buildings, machinery, and equipment.
Capitalizes Expenditures
The process of recording a cost as an asset, rather than an expense, to be written off over the future period.
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