Research and Development Costs Are

question 77

Multiple Choice

Research and development costs are

• A)treated as an expense when incurred.
• B)capitalized but not amortized.
• C)capitalized and amortized over the periods that will probably benefit from the research and development.
• D)included with the cost of the patent resulting from the research and development.

---

Definitions:

Federal Court System

The system of courts that interprets and applies the law in the name of the federal government of the United States.

Senate Approval

The process by which the U.S. Senate confirms or rejects presidential appointments and ratifies treaties.

Senate Approval

The process by which the United States Senate confirms presidential appointments or ratifies treaties.

Conservative/Liberal Balance

The equilibrium between conservative and liberal ideologies within a political system or society, affecting policy and governance.