For USGAAP,software Development Costs Are Capitalized as Intangible Assets

question 5

Multiple Choice

For U.S.GAAP,software development costs are capitalized as intangible assets: 

• A) after a copyright is obtained.
• B) once the technological feasibility of the product is established.
• C) from the beginning of development.
• D) once the product is introduced into the marketplace.

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Definitions:

Stapedectomy

A surgical procedure to remove part or all of the stapes bone in the middle ear, usually to treat hearing loss caused by otosclerosis.

Stapes

The smallest bone in the human body, located in the middle ear, playing a key role in the transmission of sound vibrations.

Prosthesis

An artificial device used to replace a missing body part, such as a limb, tooth, eye, or heart valve.

Hearing Loss

A partial or total inability to hear sounds in one or both ears.