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:

Visceral Organs

Encompasses the organs within the main cavities of the body, especially those within the abdominal cavity, such as the liver, stomach, and intestines.

Malodorous

Having a bad smell; emitting an unpleasant odor.

Pulse Oximetry

A noninvasive method to measure the oxygen saturation level of the blood, usually done with a clip-like device on a finger.

Wound Healing

The biological process by which the skin and tissues repair themselves after injury.