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:

Political Ideology

A set of ethical ideals, principles, doctrines, myths, or symbols of a social movement, institution, class, or large group that explains how society should work, and offers some political and cultural blueprint for a certain social order.

Social Status

The position or rank of a person or group within the social hierarchy, often determined by wealth, occupation, or other social markers.

Generalist Social Work

An approach in social work that encompasses a broad range of skills and knowledge to address problems on individual, group, and community levels.

Individual Client System

A focus on the individual needs and circumstances of a client within the context of social work or therapeutic support.