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.

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Definitions:

Great Britain

A geographical and political term referring to the combined countries of England, Scotland, and Wales, often used synonymously with the United Kingdom.

New England Textile Factories

Industrial sites that were central to the American Industrial Revolution, primarily located in the New England region, where textiles were produced in large quantities.

Autonomy

The right or condition of self-government, especially in a particular sphere.

Breaks

Periods of time allocated during work or other activities for rest or recreation.